
Gold is considered as an investment option, and has now become a part of portfolio of many investors and hedge funds. Availability of Gold Petal, a product for the retail participants.”
MCX has developed different contract denominations to accommodate the needs of varied market participants. Apart from Gold Petal, the other gold contracts that the exchange offers are Gold (1 Kg), Gold Mini (100 grams) and Gold Guinea (8 grams).
| Year | Gold Prices / Rs. per 10gms | Returns (%) / (Y-o-Y) |
| 2004 | 6307 | |
| 2005 | 7638 | 21.10% |
| 2006 | 9265 | 21.30% |
| 2007 | 10598 | 14.39% |
| 2008 | 13630 | 28.61% |
| 2009 | 16686 | 22.42% |
| 2010 | 20728 | 24.22% |