Commodity Trading Schedule for New Year Clarified

Commodity traders planning positions around the New Year should note that MCX and NCDEX will remain closed on January 1, 2026, on account of a scheduled trading holiday. No commodity derivatives or spot contracts will be available for trading during the day. Normal trading activity across commodities is expected to resume from the next trading session, as per exchange calendars.

Gold and silver futures declined sharply as traders booked profits amid weak global cues and a firm US dollar, pulling precious metal prices lower. Market participants cited risk-off sentiment and higher yields overseas that reduced safe-haven demand. The correction followed recent rallies, prompting traders to adjust positions and take some gains off the table amid mixed macroeconomic data.