National Commodity & Derivatives Exchange (NCDEX), the leading national commodity exchange, has introduced Jaipur as a delivery centre for the national gold market, ‘Gold Now’ that was introduced on May 28, 2015. The Gold Now platform is the first transparent and convenient online market for buying and selling gold.
Aligned with the Make in India campaign of the government, the platform will accept gold recycled in exchange-approved refineries as Good Delivery. This is intended to reduce the dependence on imports. Gold Now - Jaipur will be available for the trade from September 07, 2015.
The Gold Now forward contract has six daily delivery centers. In addition to Jaipur, delivery is also available at Mumbai, Hyderabad, Ahmedabad, Chennai and Delhi. Gold Now offers bullion in 1-kg and 100-gram forward contracts for six centers with daily delivery facility through T+1 and T+2 settlement system.