New Delhi, Jan. 16 -- The record-breaking surge in gold and silver prices, continuing into early 2026, has not only heightened interest in metal stocks but also fueled a strong rally in shares of Multi Commodity Exchange (MCX), India's leading commodity derivatives platform.

The one-sided rally in gold and silver prices has attracted more traders and investors to the market to hedge risks, speculate on price movements, or invest in precious metals. This, in turn, has boosted expectations of an improvement in the company's revenue outlook.

Against this backdrop, brokerages have also lifted target multiples for the stock, helping the MCX share price remain higher for the fifth straight month in January.

In today's session, January 16, th...