MCX Event Calendar
Scheduled macro and data-release events mapped to the MCX contracts they typically move — with prior actuals and historical context where available.
The monthly US jobs report is a key Fed-policy input — a labor market that cools faster than expected raises rate-cut odds, typically supportive for gold via lower real yields.
A weekly proxy for future US drilling activity and supply growth — a slower-moving, lower-impact signal than inventory reports, but relevant context for medium-term crude/gas supply trajectory.
Last trading day for the current MCX Silver futures contract before rollover to the next contract month.
A weekly snapshot of futures positioning by trader category (commercial, managed money, etc.) on the international benchmark contracts — context on how crowded a positioning is, not a signal of future direction.
OPEC+ production-quota decisions directly set the supply backdrop for Brent/WTI, which MCX Crude tracks via USD/INR — historically the single largest scheduled (non-geopolitical-shock) driver of crude volatility.
US inflation prints shape Fed rate-path expectations, which move real yields and the dollar — the two primary transmission channels into MCX Gold and Silver.
The Fed's rate decision and forward guidance move US real yields and the dollar — the dominant macro driver for MCX Gold and Silver, with secondary effects on Copper and Crude via broad risk appetite.
RBI's repo-rate decision and INR-management stance directly move USD/INR — since every MCX contract is INR-denominated, a rupee move around an MPC decision shows up mechanically across all 9 commodities even without any change in the underlying USD/international price. High-priority for an India-focused platform: this is one of the few events that moves every MCX contract at once, not just one commodity's benchmark.
India's annual Union Budget (presented 1 February, 11:00 AM IST) is where the government sets customs duty on gold and silver imports — the single largest discrete lever on MCX Gold and Silver pricing outside of global COMEX moves; each 1 percentage-point duty change has historically shifted MCX gold by roughly ₹1,000/10g overnight. Crude-linked windfall/export levies on fuel have also been announced at Budget in past years.