BSE's India INX Launches Gold, Silver Futures Contracts In Dollars

India International Exchange, a subsidiary of the BSE, launches Gold Quanto and Silver Quanto futures on August 31, i.e. Monday. The underlying of Gold Quanto futures is Indian Gold spot purity 995 and that of Silver Quanto futures is Indian Silver spot purity 999. Both, Gold Quanto and Silver Quanto futures contracts will be settled in cash in US dollars.