Gold Rate

    (Expiry: 05-Aug-2024 |   Exchange: MCX | Head: Precious Metals)

    05.01PM IST | 16 Jun, 2024

    • 71955.0Per 10 GRMS
    • Change

      817 (1.15%)

    • Volume6700
    • Open71263.0
    • Prv. Close71138.00
    • Spot72050.00

    Day's Trend

    • Day:

      71158.072035.0

    • Contract:

      65508.0074680.00

    • Average Price (Rs/10 GRMS):71748.0
    • Open Interest (Contracts):15061
    • Open Interest Change %:.00%
    • Best Buy Price (Rs/QTY):0.0/0
    • Prem/Disc:
    • Spread:
    • Unit:KGS
    • Lot Size:1
    • Tick Size:100
    • Best Sell Price (Rs/QTY):0.0/0

    GOLD News

    Gold rises as US bonds rally on inflation data and safe haven buying | News

    16 Jun, 2024, 04.53 PM

    Investors are concerned that a political crisis is brewing in France in the wake of French President Macron's call for a snap parliamentary vote after his party got trounced by the far-right Marine Le Pen's National rally in the recently concluded European elections.

    Gold Price Today: Yellow metal dips by Rs 3,500 from all-time high, silver down by Rs 3,300 in June | News

    14 Jun, 2024, 11.24 AM

    Gold and silver prices on MCX reacted to market trends influenced by the USD index, Fed comments on inflation, jobless claims, and specific support and resistance levels, with buying recommendations for investors.

    Gold Price Today: Yellow metal opens at Rs 71,489/10 gms, silver drops Rs 2,000/kg | News

    13 Jun, 2024, 12.32 PM

    Gold prices fell after three days of gains as investors reacted to the Federal Reserve's latest signals indicating only one interest-rate cut this year, instead of the three previously forecast.

    Gold pares gains on reduced rate cut bets after Fed verdict | News

    13 Jun, 2024, 08.07 AM

    Gold prices fluctuated as the U.S. Federal Reserve hinted at a single interest rate cut this year due to persistent inflation levels.

    Gold price movement: Fed action impact & what history suggests in a falling rate regime? | News

    12 Jun, 2024, 07.17 PM

    Gold investors await the outcome of the Federal Open Market Committee (FOMC) meeting for insights on the US Federal Reserve's interest rate cut impact. The European Central Bank and Bank of Canada have already reduced policy rates.

    Gold Price Today: Yellow metal opens flat at Rs 71,547/10 grams; silver falls by Rs 6,800 in June so far | News

    12 Jun, 2024, 10.40 AM

    As investors awaited the US CPI data scheduled for later in the day, gold prices for August futures contracts on MCX began the day unchanged at Rs 71,547 per 10 grams. In contrast, MCX July silver contracts have experienced a decline of Rs 6,800 since the beginning of June, opening today at Rs 89,317 per kg.

    Gold rush grips Asia despite near-record prices | News

    12 Jun, 2024, 08.02 AM

    Gold demand in Asia is increasing despite near-record high prices, driven by geopolitical and economic uncertainty. Spot gold trades over $2,300 per ounce, up 12% year-to-date, and 6% below the record high. Lower confidence in real estate and equities also fuels the demand.

    Buyers return to stores as gold prices cool down | News

    12 Jun, 2024, 07.47 AM

    Gold prices fell by 4.5% in three weeks, boosting consumer sentiment. Mumbai's Zaveri Bazaar, Asia's largest gold market, saw increased activity at jewellers like Joyalukkas and Senco Gold & Diamonds.

    Gold Price Today: Yellow metal prices fall by Rs 3,400/10 grams in 20 days; silver drops Rs 6,000/kg | News

    10 Jun, 2024, 10.53 AM

    Gold prices on MCX fell by Rs 3,400 in 20 days, opening at Rs 71,012 per 10 grams. Silver contracts on MCX also dropped sharply. The decline was triggered by a strong US jobs report impacting the USD and Federal Reserve decisions.

    Gold slides 3% on double blow of strong jobs report, China data | News

    8 Jun, 2024, 09.38 AM

    Gold prices fell 3% to $2,304.54 after a strong U.S. jobs report dampened expectations for rate cuts, exacerbated by China's pause in gold purchases in May.

    Hot/Cold Gold Contract

    GOLD (MCX)

    05 August 2024

    Today's Volume : 6700Change : 8.26%

    GOLD Spot Rate Details

    Places
    Price (Rs)
    Unit
    % CHG
    W | M | Y
    Prem/Disc
    Prem/Disc (Trend)
    72050.00
    10 GRMS
    0.22
    -110.00

    GOLD vs Other Precious Metals

    Commodity
    Expiry
    Price / Unit
    Day
     % Change
    Percentage Change
    Week
    Contract

    Trend

    D | M | Y
    05-Apr-2024
    70639.00/10 GRMS
    1.48
    4.51
    12.72
    30-Apr-2024
    79380.00/1 KGS
    -1.72
    -1.32
    7.90
    30-Apr-2024
    79230.00/1 KGS
    -1.92
    -1.53
    6.11
    30-Apr-2024
    7043.00/1 GRMS
    -0.48
    -1.04
    13.32
    30-Apr-2024
    57799.00/8 GRMS
    0.23
    -0.30
    14.02
    03-May-2024
    70950.00/10 GRMS
    -0.24
    -1.08
    13.32
    03-May-2024
    79395.00/1 KGS
    -0.69
    -1.60
    7.73
    31-May-2024
    7101.00/1 GRMS
    -0.46
    0.50
    13.89
    31-May-2024
    61949.00/8 GRMS
    5.85
    6.41
    23.44
    05-Jun-2024
    72500.00/10 GRMS
    1.00
    0.49
    11.38

    GOLD vs Peers (Intraday Range)

    LowestHighest

    01.33

    ......

    1.15

    GOLD vs Peers (Contract Range)

    LowestHighest

    -2.5223.32

    ......

    9.83

    GOLD (04-Oct-2024) vs GOLD Other Contracts

    Expiry
    Price / Unit
    Day% Chg
    Week%
    Contract%
    Day L/H
    Contract L/H
    Volume
    Prem/Disc
    04-Oct-2024
    72191.00/10 GRMS
    1.08
    0.72
    0.07
    653
    141.00
    05-Dec-2024
    72407.00/10 GRMS
    0.72
    0.16
    -0.39
    3
    357.00
    05-Feb-2025
    72506.00/10 GRMS
    -1.76
    -1.76
    0.00
    0
    456.00
    04-Apr-2025
    72580.00/10 GRMS
    -1.90
    -1.90
    0.00
    0
    530.00

    GOLD Contract Details  (2024-08-05) Exchange: MCX

    Symbol

    GOLD

    Contract Start Date

    2023-12-11

    Last Trading Date

    2024-08-05

    Lot Size

    1

    Tick Size

    100

    Symbol Description

    GOLD 995

    Delivery Start Date

    2024-07-30

    Delivery End Date

    2024-08-06

    Symbol Info

    GOLD 995 EX AHMEDABAD

    Tender Period Start Date

    2024-07-30

    Tender Period End Date

    2024-08-05

    Commodity Group

    Precious Metals

    Name Of Underlying

    Precious Metals

    Identifier of the Underlying

    114

    Instrument Identifier

    426266

    Instrument

    FUTCOM

    Expiry Date

    2024-08-05

    Price Quote Qty

    GRMS

    Daily Price Percent

    0.00

    Near Month Instrument Identifier

    -1

    Far Month Instrument Identifier

    -1

    Trading Unit

    KGS

    Delivery Unit

    KGS

    GOLD Rate Historical Performance

    From DateTo Date--- OR --- Contract
    Date
    Commodity
    Expiry
    Open
    High
    Low
    Prev Close
    ABS
    % CHG
    2024-06-14
    Gold
    05-Aug-2024
    71263.00
    72035.00
    71158.00
    71138.00
    817.00
    1.15
    2024-06-13
    Gold
    05-Aug-2024
    71475.00
    71750.00
    70976.00
    71970.00
    -835.00
    -1.16
    2024-06-12
    Gold
    05-Aug-2024
    71523.00
    72172.00
    71421.00
    71490.00
    415.00
    0.58
    2024-06-11
    Gold
    05-Aug-2024
    71251.00
    71709.00
    71004.00
    71438.00
    67.00
    0.09
    2024-06-10
    Gold
    05-Aug-2024
    71149.00
    71490.00
    70751.00
    71353.00
    65.00
    0.09
    2024-06-07
    Gold
    05-Aug-2024
    73237.00
    73516.00
    71172.00
    73131.00
    -1790.00
    -2.45
    2024-06-07
    Gold
    05-Aug-2024
    73237.00
    73516.00
    71172.00
    73131.00
    -1790.00
    -2.45
    2024-06-06
    Gold
    05-Aug-2024
    72879.00
    73308.00
    72638.00
    72518.00
    605.00
    0.83
    2024-06-05
    Gold
    05-Aug-2024
    72077.00
    72595.00
    71811.00
    71997.00
    543.00
    0.75
    2024-06-04
    Gold
    05-Aug-2024
    72150.00
    72560.00
    71604.00
    72203.00
    -198.00
    -0.27
    MORE HISTORICAL DATA

    Future Margin Calculator

    x
    =

    This is the minimum amount which is required to buy "x" number of lots of a particular commodity to trade in futures market.

    Mark-to-Market Calculator

    x
    =

    This is daily gain/loss on the position which is taken in derivatives market, it is calculated on daily basis till the time that position is not squared off.

    GainersLosers

    Commodity
    Contract
    Price (Rs)
    % CHG
    05-Jul-2024
    89155.00
    1.33
    05-Sep-2024
    91145.00
    1.31
    28-Jun-2024
    89051.00
    1.27
    28-Jun-2024
    89038.00
    1.26
    30-Aug-2024
    91090.00
    1.22
    30-Aug-2024
    91113.00
    1.22
    05-Dec-2024
    93553.00
    1.17
    05-Aug-2024
    71955.00
    1.15
    29-Nov-2024
    93650.00
    1.10
    04-Oct-2024
    72191.00
    1.08

    Gold ETFs »

    ETF Name
    Price (Rs)
    % CHG
    Volume
    The Economic Times