Indians’ love for gold is not hidden from anyone. We all want the yellow metal to always shine in our investment portfolio. However, skyrocketing prices and large lot sizes of the commodity market often deter common investors. If you are also planning to invest in gold but limited budget is coming in the way, then there is a very useful news for you. National Stock Exchange (NSE) has now made this problem of retail investors easier. After getting the final approval from market regulator SEBI, NSE is going to launch its new ’10 gram gold futures contract’ in the commodity derivatives segment tomorrow i.e. on 16 March 2026. This new product can prove to be a big gamechanger for the participation of small investors in the market.
GOLD10G will be recognized by the symbol
Commodity trading in the stock market has long been considered a game only for big investors and institutions. The main reason for this is the large size of the contract. To eliminate this gap, NSE has introduced this new option. According to the official circular of the exchange, this new contract will be identified by the symbol GOLD10G on the trading screen.
Its biggest and important feature is its trading and delivery size, which has been fixed at only 10 grams. This simply means that now you will not need to invest lakhs of rupees to bet on gold in the futures market. In this contract, the price of gold will be quoted on the basis of 10 grams only. Also, the minimum price movement (tick size) has been kept at only Re 1 per 10 grams, due to which even small fluctuations can be closely monitored.
Know the trading time
While investing in any market, the rules of timing and risk avoidance matter most. Investors will get full time for trading in this new gold contract. Trading will start every day from Monday to Friday at 9 am and will continue till 11:30 or 11:55 pm. (This time frame is slightly adjusted based on the US daylight saving period).
To protect investors’ capital from huge market fluctuations, the exchange has created a strong security environment. Under this, the daily base price limit (circuit limit) has been fixed at 6 percent. If any day there is heavy movement in the market and this 6 percent limit is broken, trading will be stopped for 15 minutes. After this ‘cooling-off period’ the limit will be increased to a maximum of 9 percent. This contract will have monthly expiry. That means trading of this contract will end on the last working day of the month.
Confirmed delivery required
In the futures market, people often book profits only on the price difference (margin), but in this contract of NSE, a strict provision of ‘Compulsory Delivery’ has been kept. This means that at the time of expiry you will have to give or take physical gold under the deal.
The exchange has implemented strict purity standards regarding delivery. Under this, only 10 grams of gold of 999 purity (24 carat) will be accepted. This gold also cannot be from any common supplier. The condition for this is that the gold should be from a supplier approved by LBMA (London Bullion Market Association) or approved by NSE. Along with this, it is also completely mandatory to have a Quality Certificate. This entire delivery process will be completed through the designated clearing house of NSE in Ahmedabad.
Disclaimer: This article is for information only and should not be considered as investment advice in any way. TV9 Bharatvarsha advises its readers and viewers to consult their financial advisors before taking any money-related decisions.