MCX Event Calendar

Last trading day for the current MCX Crude Oil futures contract — crude expires ahead of the physical delivery month and rolls monthly, more frequently than metals.

Heating/cooling degree-day forecasts drive near-term US natural gas demand expectations — during peak summer cooling or winter heating season, weather forecast shifts can rival storage-report volatility for Natural Gas.

American Petroleum Institute's own weekly estimate of US crude stock changes, released the evening before the official EIA figure — often moves MCX Crude in the Wednesday-morning IST session ahead of the EIA number.

Weekly change in US commercial crude oil inventories — the most-watched recurring US supply/demand signal for MCX Crude, alongside API's Tuesday-evening estimate.

Last trading day for the current MCX Nickel futures contract before rollover to the next contract month.

Weekly change in US natural gas storage — the single largest recurring weekly volatility event for MCX Natural Gas, which tracks Henry Hub via USD/INR.

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.

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.

Last trading day for the current MCX Natural Gas futures contract — this contract rolls monthly, aligned closely with the Henry Hub futures calendar.

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.

Last trading day for the current MCX Copper futures contract before rollover to the next contract month.

Last trading day for the current MCX Zinc futures contract before rollover to the next contract month.

Last trading day for the current MCX Lead futures contract before rollover to the next contract month.

Last trading day for the current MCX Aluminium futures contract before rollover to the next contract month.

China's official manufacturing PMI is a headline read on industrial demand — the single largest external demand signal for base metals (Copper, Aluminium, Zinc) given China's share of global consumption.

Caixin's PMI skews toward smaller/export-facing manufacturers, complementing the official NBS PMI — divergence between the two is itself a watched signal for base-metals demand momentum.

India's other dedicated gold-buying auspicious day, two days before Diwali — the single biggest concentrated retail gold-demand day of the year, when jewellers see the year's highest single-day footfall. A lunar-calendar (tithi) date, drawn from the published Hindu panchang.

India's largest festival season — gold and silver gifting (coins, jewellery) alongside Dhanteras drives the broader wedding-and-festival-season demand window that jewellers stock ahead of. Directly named in BhaavBrief's own coverage thesis: India-specific demand context no global commodity site tracks. A lunar-calendar (tithi) date, drawn from the published Hindu panchang.

Last trading day for the current MCX Gold futures contract — open positions must be closed or rolled to the next contract before expiry; liquidity and spreads can widen in the final sessions.

Last trading day for the current MCX Silver futures contract before rollover to the next contract month.

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.

One of India's two dedicated gold-buying auspicious days (alongside Dhanteras) — widely considered the most propitious day of the year to purchase gold, driving a real seasonal demand pulse independent of price level. A lunar-calendar (tithi) date, not a fixed calendar date, so it shifts year to year — this date is drawn from the published Hindu panchang, not fabricated or estimated.

Annual Fed symposium held every August in Wyoming. The Fed chair speech sets rate expectations for the year ahead. Gold and silver are the most directly affected MCX contracts via USD and real rate expectations.