Page 18 - Bullion World Volume 3 Issue 2 February 2023
P. 18
Bullion World | Volume 3 | Issue 2 | February 2023
The newly designed one gram gold future contract (first ever deliverable one ATMANIRBHAR BHARAT
gram gold contract in the world) saw successful delivery of 68 kg (68137 MISSION – EMPANELMENT OF
coins) since it’s launch in October 2019. DOMESTIC GOLD REFINERS THE WORLD’S MOST
Silver (1kg) Micro & Silver (5 kg) Mini contracts saw successful delivery of ®
171,055 kg of Silver Kilo bars. To make the Exchange’s bullion CONSIDERATE PRECIOUS METALS
derivative contracts more relevant
The delivery figures for Gold and Silver in the CY-2022 is as table 2 below; to the physical market players and
in line with the broader national
Table 2: objective of ‘Atmanirbhar Bharat’,
Month Delivery-Gold (Qty. in kgs) Delivery-Silver (Qty. in kgs) MCX empaneled domestic refiners
as per “MCX Good Delivery Norms
Jan-22 82 -
for BIS-Standard Gold/Silver”
Feb-22 187 49,513 effective from March 6, 2021 and
Mar-22 1,428 18,360 saw a successful delivery of 3756
kgs valued at 1902 crore till January
Apr-22 382 21,173
5, 2023 contract.
May-22 115 7,410
Jun-22 332 29,540 In the year 2022, it has seen
successful delivery of gold refined by
Jul-22 107 8,640
domestic MCX empaneled refiners to
Aug-22 576 61,097 the tune of 3119 kg valued at
Sep-22 922 12,180 Rs. 1599 crore.
Oct-22 483 -
This initiative of empaneling
Nov-22 1,006 66,366 domestic refiners by MCX may serve
Dec-22 325 10,350 the nation by reducing disparities,
encouraging quality gold recycling
and reducing import dependence.
Stock on MCX vault during the CY 2022 is as table 3 below;
Table 3:
Warehouse Stock - Gold Warehouse Stock - Silver
Month (on last working day of (on last working day of
month) month)
Jan-22 418 89,936
Feb-22 648 93,485
Mar-22 1547 87,772
Apr-22 512 89,816
May-22 427 51,340
Jun-22 485 80,653
Jul-22 572 1,35,053
Aug-22 744 1,52,438
Sep-22 413 99,380
Oct-22 1099 1,588,25 Learn more
abcbullion.com/considerate
Nov-22 997 1,97,845
Dec-22 854 2,27,199
18
