Bullion is a tangible asset that's easy to understand, with clearly defined characteristics and qualities, like the intrinsic value of gold or silver.
Investing in the base metals allows you to invest in the markets of Aluminum, Copper, Lead, Nickel and Zinc. Base Metals have always been a top performer in the commodities sector.
Energy: Crude oil, Natural gas. With a portfolio of stable and high-yield oil and gas investments, we can help you find a smart way to invest in the energy sector.
Invest in agri commodities like chana, soybean, oil and seeds, spices, cotton, and more to diversify your investment portfolio.
Add money to your trading wallet and withdraw anytime.
Login to your trading account through web app, mobile app, or desktop app.
No, there is no compulsion. If you still wish to, let our executive know.
MCX Holidays for the year 2024 are as follows:
Our account details are as below -
January 26 - Republic Day
March 8 - Maha Shivrati
March 29 - Holi
April 10 - Eid-al-Fitr (Ramzan Eid)
April 19 - Ram Navami
May 1 - Maharashtra Day
August 15 - Independence Day
August 22 - Bakri Id (Id-ul-Zuha)
October 2 - Mahatma Gandhi Jayanti
October 7 - Muharram
October 25 - Diwali (Balipratipada)
November 14 - Gurunanak Jayanti
December 25 - Christmas
Please note that these dates are subject to change based on official announcements. For the latest updates and additional information regarding MCX holidays in 2024, you can refer to Swastika's list of stock market holidays for 2024.
MCX stands for Multi Commodity Exchange of India Ltd. It is the country's largest commodity derivatives exchange where trading is conducted in various commodities like bullion, metals, energy, and agricultural commodities.
Open a trading account- To trade in commodities, you need a trading account. While there are many brokerage houses where you may open an account, it's important to choose a reputable one that gives you important trade suggestions. To go through the commodity market maze, you need the right information and direction.
Swastika Investmart is one of the best stock brokerage firms in India with 32+ years of unshakeable trust.
Deposit an Initial Amount- After you have opened an account, you need to make an initial deposit.
In India, the commodity market facilitates trading in a wide range of commodities across various sectors. Some of the key commodities traded in the Indian commodity market include:
Metals: Gold, silver, copper, zinc, aluminum, nickel, lead, etc.
Energy - Crude oil, natural gas, and various petroleum products.
Agricultural Commodities: - Wheat, rice, pulses, spices, soybeans, cotton, sugar, guar seed, etc.
Precious Metals: - Gold and silver, traded in both physical and derivative forms.
Bullion: Gold and silver bars and coins, traded for investment purposes.
Base Metals: Copper, aluminum, zinc, nickel, lead, etc., used in industrial applications.
Agri-Products: Wheat, rice, pulses, spices, edible oils, etc., used for food consumption and industrial purposes.
Best Commodities to Trade in
Crude Oil- Crude oil is one of the best commodities to trade in. Its constant demand is one of the factors making it the finest commodity for trade in India. The demand for crude oil is increasing for few reasons:
A non-renewable fossil fuel is crude oil. As a result, it is finite and irreplaceable. Petrochemicals like gasoline, kerosene, and diesel are among the high-demand products that can be made by refining crude oil.
Natural Gas- Since CNG is very environmentally friendly, many companies have begun using it for a variety of purposes in recent years.
The demand for natural gas is ever-increasing for two reasons:
Gold- Since gold is one of the most expensive and ancient commodities in the world, it has taken on significant importance in the financial sector.
Reasons why its demand is increasing in India: