# Gold derivatives turnover exceeds Rs 2.2 lakh crore daily 2026-08-25T22:31:18+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets India's gold derivatives market has crossed an average daily turnover of Rs 2.2 lakh crore, with physical gold deliveries through exchanges reaching about 175 tonnes since 2003, according to a report titled Gold Derivatives, Deepening the Market and the Road Ahead in India. Gold options accounted for the bulk of trading activity in FY2025-26, with average daily notional turnover of Rs 1.94 lakh crore, compared with Rs 28,484 crore for futures. Average daily options volume stood at 156 tonnes, against 23 tonnes for futures. Separately, gold prices in futures trade on the Multi Commodity Exchange were flat on Thursday at Rs 1,59,650 per 10 grams, down Rs 13 from the previous close, amid muted spot demand. Earlier in the session, prices dropped as much as Rs 2,971 to Rs 1,56,692 per 10 grams. Globally, gold futures edged up 0.23 per cent to USD 4,601.64 per ounce in New York. The report calls for wider institutional participation, including banks and FPIs, to deepen the market further. ## Indian Opinion Analysis Businesstoday.in treats the gold derivatives market as a success story, a deepening market with growing options, physical deliveries, and domestic price discovery. Telanganatoday.com reports a routine flat trading session with subdued demand, offering no context of market depth. The first outlet omits short-term price weakness entirely, the second ignores the scale of the derivatives ecosystem. The balanced reading: gold derivatives are expanding structurally, but spot demand remains soft, creating a disconnect between the financial and physical markets. The Multi Commodity Exchange's October contract price will signal whether weak demand persists. ## Coverage Coverage: 2 sources, 2 neutral - businesstoday.in (neutral report) Leads with turnover and physical delivery data, presenting market growth as institutional progress with no mention of price weakness - telanganatoday.com (neutral report) Leads with flat price and muted demand, absent any reference to derivatives market scale or participation trends This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Updated: this story now draws on 2 sources. Last updated 2026-08-27T09:22:38+00:00. Tags: gold derivatives, India Good Delivery, MCX, RBI Canonical: https://indianopinion.org/india-gold-derivatives-market-tops-rs-2-2-lakh-crore-daily-turnover/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/india-gold-derivatives-market-tops-rs-2-2-lakh-crore-daily-turnover/#story-in-brief How this brief was made: an AI model read the reports linked above and wrote this summary and analysis, which were published automatically. Published briefs are sampled every hour by an automated quality check; the editor verifies its findings and approves corrections, and corrected briefs carry a dated correction line. Stance labels are editorial classifications of how each outlet framed this story, assigned by the same model, not ratings of the outlets. We do no original reporting. Methodology: https://indianopinion.org/ai-use-policy/