MCX iCOMDEX composite index down with all constituents trading lower
This story was originally published at 11:40 IST on 1 July 2026
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MUMBAI – The iCOMDEX Composite index of the Multi Commodity Exchange of India was trading lower in early trade Wednesday as all component indices – bullion, base metal, and energy – registered a fall. At 1118 IST, the Composite index was at 22116.23 points, down 1.11% from the previous close of 22364.53. It had opened almost flat at 22363.92 points.
The bullion index was trading at 32836.11 points, down 1.36%. Gold was down 1.08%, while silver was down 2.17%. A strong dollar and expectations that the Fed may raise interest rates this year pulled gold down in early trade.
The base metal index was down 0.74% at 22350.23 points. All its constituents – aluminium, copper, lead and zinc – were down in the range of 0.46% to 0.94%.
The energy index was down 0.10% at 6661.15 points. While crude oil was up 0.06%, natural gas was down 1.54% from its previous close.
The MCX iCOMDEX comprises a series of real-time commodity futures price indices and tracks the performance of a basket of commodity futures. It serves as a benchmark for market movements in bullion, base metals, and energy. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Abhijit Doshi
Edited by Avishek Dutta
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