Demand For Bullion Brings MCX Average Daily Revenue To Almost Eight-Year High

Demand For Bullion Brings MCX Average Daily Revenue To Almost Eight-Year High

KOLKATA: The growing demand for safe haven for bullion in this pandemic has driven the average daily turnover of Multi-Commodity Exchange (MCX) to an almost eight-year high of Rs 45,000 crore in August.

According to data on the MCX website, the average daily turnover value in August was Rs 44,996 crore, up 25% from Rs 36,075 crore posted in August of last year. Sequentially, revenue in August…

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