Trading on the Multi Commodity Exchange (MCX) was disrupted on Tuesday morning after a technical glitch delayed the opening bell, halting activity in gold and silver futures contracts.
In a series of updates issued throughout the morning, MCX said the issue was being addressed and that trading would now begin from its Disaster Recovery (DR) site. However, the exchange did not specify a fresh start time.
“Update as of 10:20 AM – The commencement of trading is delayed due to a technical issue. Trading will start from the DR site. The time of commencement of trading will be informed to market participants. Inconvenience is regretted,” MCX stated on its official portal.
Earlier, the exchange had successively revised the trading start time—first to 9:30 AM, then 10:00 AM, and finally 10:30 AM—before announcing an indefinite delay.
This isn’t MCX’s first brush with a trading disruption. In July 2025, a similar glitch delayed the market opening by over an hour, with trading finally beginning around 10:17 AM.
In February last year, a major outage linked to the transition to a new trading platform had forced a four-hour suspension of operations.
Ahead of Tuesday’s delay, precious metals had already been under pressure. On Monday, .
The weakness came after signs of easing trade tensions between the US and China, which dented safe-haven demand for bullion.
An expected meeting between the two nations’ presidents to finalise a trade deal further cooled investor appetite for gold and silver.
However, global gold prices recovered slightly early Tuesday, supported by a weaker dollar and expectations of more US Federal Reserve rate cuts.