The Bombay Stock Exchange (BSE) on July 23, 2026, notified regarding the launch of Gold Futures contract, Gold Options on Futures Contract, Gold Mini Futures Contract, Silver Futures contract, Silver Options on Futures Contract, Silver Mini Futures contract, and Silver Micro Futures Contract.
The following has been stated:
• The Exchange will introduce a new series of Gold Futures, Gold Options on Futures, Gold Mini Futures, Silver Futures, Silver Options on Futures (30 KG), Silver Mini Futures, and Silver Micro (KG) Futures as per the prescribed contract launch calendar. The notice also includes detailed contract specifications through separate annexures for each product.
• The annexures specify that Gold Futures contracts will be launched from September 2026 to August 2027, with each contract expiring approximately four months after its launch. Gold Options on Futures contracts will also be introduced for the same period, where the options expiry precedes the expiry of the corresponding underlying Gold Futures contract. Gold Mini Futures contracts will be launched from October 2026 to September 2027, providing participants with a smaller contract size while following a similar expiry cycle.
• For silver products, the Exchange will launch Silver Futures contracts from September 2026 to August 2027, with corresponding Silver Options on Futures (30 KG) following a schedule in which the option expires before the underlying futures contract. In addition, Silver Mini Futures and Silver Micro (KG) Futures will be launched from September 2026 to August 2027, with monthly contract launches and expiry dates specified for each series, thereby providing traders with multiple contract sizes to cater to different trading and hedging requirements.
• The contract specification annexures accompanying the notice prescribe the operational details for each product, including the trading unit and contract size, quotation and tick size, daily price limits, quality specifications, delivery unit and centres, trading and delivery periods, position limits, final settlement methodology, and other risk management and contract parameters applicable to the respective Gold and Silver derivative contracts. These annexures form an integral part of the launch framework and will govern trading, clearing and settlement of the newly introduced contracts.
[Notification no. - 20260723-9]
