The Commodity Market course teaches how commodities like gold, silver and crude oil trade on MCX, what moves their prices, and how futures and options on commodities work.
Commodities behave differently from stocks. There are no quarterly results to study. Prices react to global factors: the US dollar, interest rates, OPEC decisions, inventory data and geopolitical events. Trading hours on MCX also run into the evening, which appeals to people with day jobs.
Topics typically covered:
- How MCX works, contract specifications, lot sizes and margins.
- Bullion (gold, silver), energy (crude oil, natural gas) and base metals.
- Fundamental drivers such as dollar index movement and global demand.
- Technical analysis applied to commodity charts.
- Hedging basics, as used by jewellers or importers.
- Risk management, because commodity contracts carry large exposure.
A quick example: if a hypothetical gold contract moves ₹500 per 10 grams and your contract represents 1 kg, that is a ₹50,000 swing. Beginners often underestimate this exposure because the margin looks small.
Contract specifications change from time to time, so check the current MCX details before trading.
For background, read commodity trading on MCX for beginners. The syllabus and batches are on the Commodity Market course page.