HI EVERYONE, It keeps me wondering that How is the copper price in mcxindia MARKET calculated eg. If the copper trading $ 2. 430 price on mcxindia market is 344. 60 how MCXindia arrive at price?

General
2

Check this for Gold and silver:http://tradingqna.com/12776/calculate-silver-international-prices-price-parity-disparity

For copper it is straight forward as it is a cash settled contract. Convert pound to Kg by multiplying 2.204. Multiply by the dollar rate.

1 Like
3

A suggestion most of the people are confused about the crude, gold, silver, copper, nickel, ng, etc Can any one post here some excel sheet which can calculate levels for MCX scripts as per the nymex Thanks!