What is the difference between NCDEX and MCX?

NCDEX is predominantly an exchange with leadership in the agri commodity segments, while MCX has leadership in the area of gold, metals and oil. In a way, NCDEX and MCX operate like the stock exchanges; the only difference being that they deal in commodities rather than in stocks and equity indices.

Which trading commodity is best?

The Best 5 Commodities to Trade in India in 2022

• Crude Oil. Crude oil is one of the best commodities to trade because it is naturally-occurring unrefined petroleum and a fossil fuel which comprises organic materials and hydrocarbon deposits.
• Aluminium.
• Copper.
• Natural Gas.
• Gold.

Can we buy silver in MCX?

You can trade in commodities futures in the commodities market. To start doing so, you need to put in a special request to your broker and ask them to invest in exchanges like MCX and NCDEX. These exchanges have silver futures also that you can avail of.

Is NCDEX part of MCX?

The National Commodity & Derivatives Exchange (NCDEX) is one of the top commodity exchanges in India based on value and the number of contracts. It is second only to the Multi Commodity Exchange (MCX), which is focused on energy and metals.

How activate NCDEX on Zerodha?

How do I apply for the NCDEX IPO? You can apply for the NCDEX IPO on Console using any supported UPI app. Once you have entered your bid on Console, you will receive a mandate collect request on your UPI app. On acceptance of the mandate, the bid amount will get blocked in your bank account.

What is the rate of silver in MCX today?

On the other hand, spot silver rose 0.3 per cent to $22.38 an ounce and platinum gained 0.8 per cent to $941.19….

CITY	GOLD (per 10 grams, 22 carats)	SILVER (per kg)
CHENNAI	Rs 44,860	Rs 66,300

What is the target of silver?

ENTRY	STOP LOSS	TARGET
60472	60208	60675
59945	60208	59741
61600	61300	61950