Synopsis: The National Stock Exchange (NSE) will launch a new Gold 10 Grams Futures Contract in its Commodity Derivatives Segment starting March 16, 2026. The contract, approved by SEBI, will allow trading in smaller gold units with compulsory delivery of 10 grams of 999 purity gold.
NSE to Launch Gold 10 Grams Futures Contract from March 16, 2026
The National Stock Exchange (NSE) has announced the launch of a new Gold 10 grams Futures Contract in its Commodity Derivatives Segment. The exchange confirmed that trading in this new derivative product will begin from March 16, 2026.
In a post on social media platform X, NSE stated that it has already received the required approval from the Securities and Exchange Board of India (SEBI) to introduce the new gold futures contract.
Key Features of the Gold 10g Futures Contract
According to an NSE circular issued on February 20, 2026, the new futures contract will be designed to provide greater accessibility for market participants by allowing trading in smaller gold quantities.
- Contract Symbol: GOLD10G
- Trading Unit: 10 grams
- Delivery Unit: 10 grams
- Price Quotation: Per 10 grams of gold
- Tick Size: Re 1 per 10 grams
The exchange stated that this contract structure aims to make gold derivatives more accessible to a wider range of traders and investors.
Trading Timings and Price Limits
Trading in the Gold 10g Futures contract will be available from Monday to Friday during the following market hours:
- Start Time: 9:00 AM
- Closing Time: 11:30 PM / 11:55 PM depending on US daylight saving time period
The exchange has also implemented price movement controls for market stability:
- Daily Base Price Limit: 6%
- If breached, the limit may be extended to 9% after a 15-minute cooling-off period.
Monthly Expiry Structure
The Gold 10g contract will follow a monthly futures structure. The last trading day will be the final calendar day of the expiry month. If that day falls on a holiday, the previous working day will be considered as the expiry date.
This structure aligns with standard commodity derivatives practices followed by major exchanges.
Compulsory Delivery Mechanism
The contract will operate on a compulsory delivery basis. Upon expiry, physical delivery of gold will take place under the following specifications:
- Gold Purity: 999 purity
- Quantity: 10 grams
- Supplier Requirement: Gold must be serially numbered and supplied by LBMA-approved suppliers or suppliers approved by NSE.
- Certification: Delivery must include the supplier’s quality certificate.
The exchange has designated Ahmedabad as the location for delivery through its clearing house infrastructure.
Expanding Commodity Derivatives Market
The introduction of smaller gold futures contracts is expected to improve liquidity and participation in the commodity derivatives market. Analysts believe that this contract will attract traders, hedgers, and investors who prefer smaller exposure sizes in gold trading.
With gold remaining one of the most important investment assets in India, the new contract could provide market participants with greater flexibility in hedging price risks and managing commodity portfolios.
📌 Key Takeaway
NSE will introduce a new Gold 10 grams Futures Contract from March 16, 2026, enabling traders to participate in gold derivatives with smaller contract sizes. The product will feature monthly expiry, compulsory delivery of 999 purity gold, and regulated price movement limits.