The International Commodity Exchange has said it will list a 10 gram gold contract in “the next few months” to capture demand from retail market participants in the precious metal.
Dharmesh Pandya, national head of business development, said the bourse has decided to supplement its existing gold contracts with a smaller sized contract to meet the demand for trading the precious metal from India’s substantial retail market. The fledgling exchange already offers a 1kg and 100g gold contract.
“Retail participation in...