The Multi Commodity Exchange of India Ltd. (MCX) has announced the launch of monthly Options contracts on the MCX iCOMDEX Bullion Index (MCX BULLDEX®), starting October 27, 2025. This marks another key step by MCX toward expanding India’s commodity derivatives market through product innovation.
MCX BULLDEX® represents the precious metals segment, combining the highly traded MCX Gold and Silver Futures contracts into a single, dynamic index. With this new product, traders and investors can now access a balanced exposure to both gold and silver through one instrument.
The newly introduced Options will provide a flexible and cost-effective way to invest and hedge in the bullion market. By covering two of the most liquid commodities, MCX BULLDEX® allows participants to manage risks more efficiently while benefiting from diversified exposure.
Speaking about the launch, Praveena Rai, MD & CEO of MCX, said: “The introduction of Options on MCX BULLDEX® marks a pivotal development in India’s commodities ecosystem. This innovative product enhances the range of offerings in the commodity derivatives market and allows participants to take exposure to a basket of commodities in the bullion segment.”
MCX stated that the BULLDEX® index complies with IOSCO’s global principles for financial benchmarks, ensuring robust governance and transparency.
