How to paper trade Gold on MCX
Practise trading MCX Gold futures and options with live prices and virtual money. Contracts, hours and how to trade.
Gold is the classic safe-haven commodity — it tends to rise when markets are fearful or the rupee/dollar moves. Practise trading MCX Gold futures and options with live prices and virtual money on Nifty Paper Trade.
Key facts
- Contracts: GOLD (main) and GOLDM (Gold Mini, smaller lot)
- Hours: ~9:00 AM to 11:30 PM IST
- Moves on: the US dollar, global gold prices, interest rates, inflation, risk sentiment
How to trade it
- Open Commodities and select Gold (or Gold Mini for a smaller lot).
- Trade the future long/short, or open the option chain.
- Set lots and confirm; track live P&L in Positions.
FAQ
What's the difference between Gold and Gold Mini?
Gold Mini (GOLDM) is a smaller-lot contract needing less margin — ideal for practising with less capital.
What drives Gold prices?
The US dollar, global gold rates, interest rates and safe-haven demand.
Can I trade Gold options?
Yes — open the Gold option chain and trade calls/puts.