MCX Broker for physical delivery of GOLD MINI??

[amitm4686]

Hi...
I am interested in trading on MCX but with the option of physical delivery as a seller. I found out that many brokers don't keep this option and compulsorily square-off the position at the expiry..

Could anyone please suggest any brokers who are involved with physical delivery of gold??

 

[suhas.bhayekar]

Hello amit,
"ridhi shidhi bullion" are trade physical in gold on line.
Ok.

 

[amitm4686]

Thanks a lot!!
Also, is it confirmed that minimum lot for physical delivery for gold is 1kg??

 

[gaurishh]

I believe that gold contracts ( full sized not minis) are for 1 Kg.( 100 rs per tick)
Gold Minis are for 100 gm ( 10Rs per tick).
You really should go to the MCX site and read through the contract specifications. This would give you location, quality details, payment schedules etc.

 

[amitm4686]

Hi..Yes, that's true..GOLD MINI can be delivered in lots of 100gm..Thanks!
I have gone through the entire contract and terms of delivery on MCX Website..

The only issue now is to find a broker who will do all the procedure..
Riddhi Siddhi Bullion mentioned above deal with spot delivery if purchased, not on open positions of futures....

 

[curiousv]

Yeah Zerodha does not offer ..I think Samco does offer physical delivery

 

[brokenbull]

iam intersted in silvermicro MCX contract deliverable 1 kg bars.
but only "self trading" bullion big merchants in mumbai.delhi ,ahmedabad give ^ take delivery.
no online brokers dealing with us peasents offer delivery.