The Multi Commodity Exchange of India Ltd. (MCX) has announced the launch of monthly Options contracts on its MCX iCOMDEX Bullion Index (MCX BULLDEX®), effective October 27, 2025.

The MCX BULLDEX® is a composite index representing India’s bullion market, comprising the highly traded Gold and Silver Futures on MCX. The newly introduced Options contracts will serve as a strategic risk management tool, enabling investors and institutions to gain diversified exposure to the precious metals segment while enjoying the flexibility of options trading.

By covering both gold and silver, MCX BULLDEX® offers participants a balanced, cost-effective avenue for investment and hedging in the bullion market. The launch aligns with MCX’s ongoing efforts to deepen India’s commodity markets through product innovation, transparency, and investor-centric offerings.

The index complies with the IOSCO Principles for Financial Benchmarks (July 2013), ensuring robust governance and transparency in its computation.

Commenting on the launch, Ms. Praveena Rai, MD & CEO of MCX, said:

“The introduction of Options on MCX BULLDEX® marks a pivotal development in India’s commodities ecosystem. This innovative product enhances the range of instruments in the derivatives market and enables participants to take exposure to a diversified basket of bullion commodities.”