Gold Rate

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

    03.13AM IST | 02 Jul, 2024

    • 71645.0Per 10 GRMS
    • Change

      63 (0.09%)

    • Volume5204
    • Open71606.0
    • Prv. Close71582.00
    • Spot71511.00

    Day's Trend

    • Day:

      71375.071875.0

    • Contract:

      65508.0074680.00

    • Average Price (Rs/10 GRMS):71613.0
    • Open Interest (Contracts):14067
    • Open Interest Change %:-.67%
    • 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 ekes out gains as investors await US jobs data | News

    1 Jul, 2024, 08.40 PM

    Gold prices edged higher on Monday as a lower dollar prompted some short covering from investors with focus turning to U.S. jobs data due later this week that could offer more cues around interest rate cuts by the Federal Reserve.

    Gold prices may face headwinds from strong dollar, rising yields | News

    1 Jul, 2024, 07.54 PM

    Gold ended last week on a lower note, dropping to a two-week low due to a stronger dollar and higher bond yields, said Prathamesh Mallya, DVP- Research, Non-Agri Commodities and Currencies, Angel One. The dollar surged to a near two-month peak, making gold more expensive for non-dollar holders, while U.S. 10-year yields reached a near two-week high.

    Gold flat at Rs 72,350 per 10g, silver rises by Rs 200 | News

    1 Jul, 2024, 05.23 PM

    Gold and silver prices remained stable at Rs 72,350 per 10 grams and Rs 90,300 per kg respectively. In Delhi markets, spot gold prices stayed unchanged.

    Gold Price Today: Gold prices trade flat in June month, silver down by Rs 4,400 | News

    1 Jul, 2024, 10.48 AM

    Gold and silver prices fluctuated in response to U.S. economic data and Dollar Index movements. Expert advice suggests buying on price dips while support and resistance levels hold steady.

    Gold holds ground on US rate-cut expectations | News

    1 Jul, 2024, 07.35 AM

    Amidst shifting economic indicators, precious metal prices reflect market uncertainties and investor sentiments influenced by global economic trends and policy decisions. The intricate balance between supply, demand, and macroeconomic factors drives strategic investment choices in the ever-changing financial landscape.

    Hawkish Fed, other bearish factors hurting gold | News

    29 Jun, 2024, 02.56 PM

    The ten-year US yields at 4.38% were up 2.28% on the day and were up around 4% on the week. The two-year yields were up 0.20% on the week as they closed around 4.75%

    Gold climbs Rs 370; silver jumps Rs 600 amid strong global cues | News

    28 Jun, 2024, 05.26 PM

    Analysts like Saumil Gandhi and Praveen Singh foresee continued market impact from factors like US PCE inflation data and hawkish statements. The gold market remains influenced by global economic trends and currency fluctuations, leading to a cautious outlook for traders and investors.

    Gold Price Today: Gold opens at Rs 71,446/10 gms, silver drops by Rs 4,400/kg in June | News

    28 Jun, 2024, 11.41 AM

    On Friday, Gold August futures contracts at MCX started trading at Rs 71,446 per 10 grams, marking a decline of Rs 126 or 0.18%. Meanwhile, MCX Silver July futures opened at Rs 87,180/kg, reflecting a drop of Rs 4,400 since the beginning of June. The previous day, both gold and silver prices had closed higher in both international and domestic markets.

    Gold prices heads for quarterly rise; spotlight on inflation data | News

    28 Jun, 2024, 07.49 AM

    In the world of gold investment, tracking prices, inflation data, and the Federal Reserve's stance is key. Market dynamics shift based on factors like GDP estimates, equipment spending, and spot silver prices. Understanding these nuances is crucial for making informed investment decisions in a constantly evolving economic environment.

    Gold falls Rs 120; silver remains flat at Rs 90,600 per kg | News

    27 Jun, 2024, 05.35 PM

    Traders are focused on upcoming economic data releases to anticipate US Federal Reserve interest rate changes, impacting market trends and investment decisions.

    Hot/Cold Gold Contract

    GOLD (MCX)

    05 August 2024

    Today's Volume : 5204Change : 2.57%

    GOLD Spot Rate Details

    Places
    Price (Rs)
    Unit
    % CHG
    W | M | Y
    Prem/Disc
    Prem/Disc (Trend)
    AHMEDABAD
    71511.00
    10 GRMS
    -0.07
    134.00

    GOLD vs Other Precious Metals

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

    Trend

    D | M | Y
    28-Jun-2024
    87789.00/1 KGS
    0.83
    -3.84
    17.82
    28-Jun-2024
    57531.00/8 GRMS
    -0.78
    -1.83
    9.72
    28-Jun-2024
    87770.00/1 KGS
    0.76
    -3.86
    17.85
    28-Jun-2024
    7098.00/1 GRMS
    0.70
    -0.31
    13.55
    05-Jul-2024
    71307.00/10 GRMS
    0.04
    -0.29
    0.50
    05-Jul-2024
    87583.00/1 KGS
    0.48
    -1.59
    17.88
    31-Jul-2024
    58118.00/8 GRMS
    -0.13
    -0.44
    6.07
    31-Jul-2024
    7110.00/1 GRMS
    -0.06
    -0.32
    6.71
    05-Aug-2024
    71623.00/10 GRMS
    0.03
    -0.26
    0.91
    30-Aug-2024
    58317.00/8 GRMS
    -0.08
    -0.39
    -1.16

    GOLD vs Peers (Intraday Range)

    LowestHighest

    -0.130.7

    ......

    0.09

    GOLD vs Peers (Contract Range)

    LowestHighest

    -2.9821.53

    ......

    9.36

    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
    71983.00/10 GRMS
    0.12
    -0.10
    -0.21
    519
    472.00
    05-Dec-2024
    72292.00/10 GRMS
    -0.09
    -0.13
    -0.55
    2
    781.00
    05-Feb-2025
    72554.00/10 GRMS
    0.01
    0.01
    0.00
    0
    1043.00
    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

    Date
    Commodity
    Expiry
    Open
    High
    Low
    Prev Close
    ABS
    % CHG
    2024-06-28
    Gold
    05-Aug-2024
    71422.00
    71850.00
    71402.00
    71572.00
    13.00
    0.02
    2024-06-28
    Gold
    05-Aug-2024
    71422.00
    71850.00
    71402.00
    71572.00
    13.00
    0.02
    2024-06-27
    Gold
    05-Aug-2024
    70992.00
    71695.00
    70870.00
    71089.00
    471.00
    0.66
    2024-06-26
    Gold
    05-Aug-2024
    71518.00
    71522.00
    70882.00
    71467.00
    -357.00
    -0.50
    2024-06-25
    Gold
    05-Aug-2024
    71712.00
    71917.00
    71366.00
    71791.00
    -331.00
    -0.46
    2024-06-24
    Gold
    05-Aug-2024
    71716.00
    71860.00
    71531.00
    71584.00
    188.00
    0.26
    2024-06-21
    Gold
    05-Aug-2024
    72677.00
    72867.00
    71540.00
    72586.00
    -992.00
    -1.37
    2024-06-21
    Gold
    05-Aug-2024
    72677.00
    72867.00
    71540.00
    72586.00
    -992.00
    -1.37
    2024-06-20
    Gold
    05-Aug-2024
    71880.00
    72850.00
    71806.00
    71732.00
    865.00
    1.21
    2024-06-19
    Gold
    05-Aug-2024
    71740.00
    71886.00
    71610.00
    71739.00
    7.00
    0.01
    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
    30-Sep-2024
    850.45
    5.01
    19-Jul-2024
    6953.00
    2.17
    19-Jul-2024
    6949.00
    2.10
    19-Aug-2024
    6889.00
    2.09
    19-Aug-2024
    6871.00
    1.78
    19-Sep-2024
    6888.00
    1.62
    30-Sep-2024
    58988.00
    0.70
    31-Jul-2024
    845.60
    0.61
    30-Aug-2024
    848.55
    0.60
    05-Jul-2024
    87583.00
    0.48

    Gold ETFs »

    ETF Name
    Price (Rs)
    % CHG
    Volume
    61.28
    0.29
    4281
    62.74
    0.11
    49826
    69.73
    0.07
    1358
    60.82
    0.00
    15823
    11.51
    0.00
    113524
    60.44
    -0.03
    434
    The Economic Times