Source: https://mochatrade.com/learn/glossary/mcx-vs-comex

# MCX vs COMEX
URL: https://mochatrade.com/learn/glossary/mcx-vs-comex
Last modified: 2026-10-17

MCX is India's commodity exchange, pricing gold in rupees per 10 grams and shut at night and on weekends; COMEX is the New York exchange that sets the dollar price per troy ounce. MCX gold is the dollar price times the rupee plus import duty and the Mumbai premium, three charts in one; [Module 2 does the arithmetic](https://mochatrade.com/learn), and most of the move happens [during the American session](https://mochatrade.com/learn/us-market-structure/how-us-stock-prices-form).

## Related terms

- Troy ounce: https://mochatrade.com/learn/glossary/troy-ounce
- COMEX: https://mochatrade.com/learn/glossary/comex
- Gold futures: https://mochatrade.com/learn/glossary/gold-futures
- Silver futures: https://mochatrade.com/learn/glossary/silver-futures
- Copper: https://mochatrade.com/learn/glossary/copper
- NYSE: https://mochatrade.com/learn/glossary/nyse

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.