MCX widens domestic refiner pool to seven, adds Titan and Augmont, revises delivery norms

MCX aligned Good Delivery standards with BIS and empanelled seven accredited refiners, adding Titan and Augmont. The move lets household gold and silver be recycled into deliverable bullion, boosting domestic supply amid a customs duty hike from 6% to 15% and import curbs.

— Filed Tue, 7 Jul, 2026, 01:25 IST · Source ET Small Business · Updated

MCX aligned Good Delivery norms with BIS standards and expanded accredited refiners to seven, adding Titan and Augmont. The move enables recycling of household gold and silver into deliverable bullion, boosting domestic supply amid import curbs and duty hikes.