BSE records first ever delivery in Gold and Silver Contracts
BSE has recorded first ever delivery in Gold and Silver Contracts. BSE had commenced trading commodities segment with effect from Oct 1, 2018.
Gold and Silver contracts have been a great success since the launch and has seen an increasing participation resulting in delivery. The delivery demonstrates the confidence of participants in the BSE with its transparent pricing and assurance on purity of the gold by the exchange.
Delivery of gold and silver contracts gives BSE a lot of confidence with participation by retailers and physical market users on the BSE platform. BSE gold and silver contract is increasingly finding favour with the investors and physical commodity users as the exchange has been able to provide them with an efficient and transparent platform for trading gold and allow them to get physical delivery, as said by Shri Ashishkumar Chauhan, BSE MD & CEO.
Meanwhile, the stock price of BSE closed at Rs. 600, down by 0.21 per cent.