Yeh jo futures contracts hote hain na, inmein kuch 'cost of carry' aur storage ke charges lage hote hain jo seedha spot market se gold kharidne par nahi lagte. Isi wajah se, futures price aksar spot price se thoda upar rehta hai.
For example, abhi MCX Gold June futures around ₹1,51,363 per 10 gram chal raha hai, jabki spot price ₹1,50,930 ke aas paas hai. Yeh gap dikhata hai ki kuch toh hai, aur agar aap physical gold lene gaye toh aapko yeh extra paisa dena padega.
Aur jab market mein geopolitical tension badhti hai, toh futures prices aur bhi inflate ho jate hain, jisse physical gold lene walon ko aur nuksan ho sakta hai. MCX ke contracts COMEX se thoda alag hote hain, ismein import duties aur taxes ka bhi fark aata hai, jo price ko aur affect karta hai.
Waise bhi, SEBI baar-baar bolta hai ki derivatives trading mein lagbhag 90% retail investors paisa gawa dete hain. MCX ki khud ki performance achi hai, par users ko pata hona chahiye ki yeh kya cheez hai aur isko kaise samajhna hai.
Gold ka future toh achha lag raha hai, geopolitical worries aur inflation ke karan log abhi bhi gold ko prefer kar rahe hain. Lekin retail investors ko futures contracts samajhna bahut zaroori hai, nahi toh unhein fizool mein zyada pay karna pad sakta hai.
