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The Multi Commodity Exchange (MCX) on Tuesday morning issued its fourth update of the day, informing market participants that the commencement of trading remains delayed due to a technical issue. The exchange confirmed that operations will begin from its Disaster Recovery (DR) site but did not specify a revised start time. “Update as of 10:20 AM – The commencement of trading is delayed due to a technical issue. Trading will start from the DR site. The time of commencement of trading will be informed to market participants. Inconvenience is regretted,” MCX stated on its official portal. Trading start repeatedly postponed In a series of updates throughout the morning, MCX initially informed users that trading would begin at 9:30 AM, later revising the schedule to 10:00 AM, and then to 10:30 AM. The latest notice indicates further delay, with no confirmed start time announced yet. Low-brokerage stockbroking firm Zerodha, in an early post on social media platform X, also noted the uncertainty surrounding the reopening time. “There is a further delay in MCX opening. The revised time is not yet confirmed. We’ll share an update once it’s available,” Zerodha stated on its official handle, @zerodhaonline. The exchange did not elaborate on the nature of the glitch but confirmed that operations would temporarily shift to its Disaster Recovery (DR) site, a backup system designed to maintain continuity in the event of primary site disruptions. Past technical disruptions This is not the first time MCX has experienced technical issues affecting trading hours. Earlier in July 2025, a similar glitch led to a delayed opening, with operations commencing over an hour after the scheduled time of 9:00 AM. At that time, MCX had released multiple updates, first indicating a 9:45 AM resumption, then revising it to 10:10 AM, before trading finally began at 10:17 AM. In February 2024, the exchange faced a more severe outage, with trading suspended for nearly four hours due to a major technical failure believed to be related to its transition to a new trading platform. Such recurring delays have raised concerns among traders and investors who rely on MCX’s commodity derivatives for real-time trading in gold, silver, and energy contracts. Gold and silver prices dip amid global sentiment shift On Monday, both gold and silver closed lower in domestic and international markets. The December gold futures contract on MCX settled at ₹1,20,957 per 10 grams, down 2.02%, while December silver futures declined 2.78% to ₹1,43,367 per kilogram. The decline followed easing trade tensions between the United States and China, which reduced safe-haven demand for precious metals. Market sentiment improved ahead of an expected meeting between the two countries’ presidents, raising hopes for a trade agreement. However, global gold prices rebounded slightly on Tuesday, crossing the $4,000-per-ounce mark as a weaker U.S. dollar and expectations of further Federal Reserve rate cuts provided support. As of 0141 GMT, spot gold rose 0.7% to $4,009.39 per ounce, recovering from Monday’s 3% slump — the sharpest one-day drop since October 10. U.S. gold futures for December delivery edged up 0.1% to $4,022.10 per ounce. MCX assures traders of restoration MCX officials stated that trading will resume from the DR site once stability is confirmed. The exchange apologised for the inconvenience caused and assured participants that updates will be shared promptly through official channels. While trading remains suspended, analysts noted that the shift to the DR site reflects the exchange’s preparedness to maintain business continuity amid operational disruptions.
