DBT Bureau
Pune, 3 Nov 2025
Gold Mini options on MCX saw strong activity concentrated between ₹120,000 and ₹122,000 strike levels. The highest call volume was at ₹122,000, while the highest put volume and open interest were at ₹120,000, marking this as a crucial support zone. On the call side, open interest peaked at ₹125,000, suggesting traders are building positions anticipating limited upside movement ahead of expiry.
Market Sentiment and Technical View
The data indicates a balanced market with a bullish bias near ₹120,000 support and resistance emerging around ₹122,000–₹125,000. Sustained trading above ₹121,000 could strengthen bullish momentum, while a dip below ₹120,000 may signal short-term weakness. Traders are closely watching global gold cues and U.S. rate trends for further direction.
