Hi
Is it possible to take delivery of gold and silver in demat form on expiry of a long futures contract traded on MCX? If yes, what are the charges, taxes involved? Do I have to pay some extra charges to the custodian as carrying cost? I am interested in doing calendar spread trading and if required, won't mind taking the delivery in near month and deliver the same when the mid month sell contract expires.. Which companies/banks act as custodians for commodities?
Thanks!
Is it possible to take delivery of gold and silver in demat form on expiry of a long futures contract traded on MCX? If yes, what are the charges, taxes involved? Do I have to pay some extra charges to the custodian as carrying cost? I am interested in doing calendar spread trading and if required, won't mind taking the delivery in near month and deliver the same when the mid month sell contract expires.. Which companies/banks act as custodians for commodities?
Thanks!