Gold Rate

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

    01.40PM IST | 03 May, 2024

    • 70624.0Per 10 GRMS
    • Change

      -112.00 (-0.16%)

    • Volume1551
    • Open70678.0
    • Prv. Close70736.00
    • Spot71346.00

    Day's Trend

    • Day:

      70553.070804.0

    • Contract:

      61560.0073958.00

    • Average Price (Rs/10 GRMS):70671.24
    • Open Interest (Contracts):17790
    • Open Interest Change %:-3.23%
    • Best Buy Price (Rs/QTY):70624.0/1
    • Prem/Disc:
    • Spread:
    • Unit:KGS
    • Lot Size:1
    • Tick Size:100
    • Best Sell Price (Rs/QTY):70636.0/10

    GOLD News

    Gold Price Today: Yellow metal opens at Rs 70,634 per 10 grams; Silver at 81,319/kg | News

    3 May, 2024, 12.44 PM

    Gold Price Today: Amid easing Middle East tensions, safe haven buying in bullion seems to be diminishing as gold prices on MCX for June futures contracts fell by Rs 102 or 0.14% on Friday to trade at Rs 70,634 per 10 grams while MCX July silver contracts were down by Rs 44 or 0.05% to Rs 81,319 per kg.

    Gold flat ahead of US payrolls data, set for 2nd weekly drop | News

    3 May, 2024, 08.21 AM

    The U.S. central bank held interest rates steady on Wednesday and indicated it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation readings that could make those rate cuts a while in coming.

    Gold Price Today: Yellow metal opens above Rs 71,000/10 grams, while silver at Rs 81,351/kg | News

    2 May, 2024, 10.32 AM

    Gold prices increased as the Federal Reserve indicated a less aggressive stance on interest rate hikes, leading to lower U.S. treasury yields and a weaker dollar. The softening dollar, coupled with market speculation about Japan intervening to support the yen, further helped boost gold prices.

    Gold prices drift higher as Fed stands pat on key interest rate | News

    2 May, 2024, 08.02 AM

    The Fed held interest rates steady on Wednesday, but put a red flag on recent disappointing inflation readings that could make those rate cuts a while in coming.

    Gold’s correction extends to Rs 3000/10 gram in April. Has it made a near term top at life high? | News

    1 May, 2024, 11.47 AM

    Can we expect the trends to reverse or a top has been made? This is what multiple experts tell ETMakets as they spell out their trading strategy.

    Soaring prices no bar, demand for gold rises 8% in March quarter | News

    1 May, 2024, 07.31 AM

    Demand for gold bars, coins, and jewellery increased in March quarter. Total gold demand rose due to rising investment interest, positive inflows in gold ETFs, and strong macroeconomic support in India.

    Gold Price Today: Yellow metal drops Rs 250/10 grams to Rs 71,345; silver declines to Rs 80,395/kg | News

    30 Apr, 2024, 10.31 AM

    Gold has been in an uptrend for the third consecutive month, partly due to high demand from central banks and investors looking for safe investments.

    Gold holds steady as investors focus on Fed meeting | News

    30 Apr, 2024, 07.59 AM

    Markets are focusing on the Fed's two-day policy meeting starting later in the day and the non-farm payrolls data due on Friday. The Fed is seen holding its benchmark interest rate steady at 5.25% to 5.5% at the meeting.

    Gold Price Today: Gold opens at Rs 71,225/10 grams, while silver at Rs 80,595/kg | News

    29 Apr, 2024, 09.52 AM

    The stability of the U.S. dollar contributed to making bullion less accessible for international buyers. Meanwhile, investors remained on the lookout for additional indications regarding the timing of the U.S. Federal Reserve's inaugural interest rate adjustment.

    Gold eases as steady dollar dampens appeal | News

    29 Apr, 2024, 08.07 AM

    The dollar edged up 0.1% against its rivals. A stronger dollar makes greenback-priced gold more expensive for buyers holding other currencies.

    Hot/Cold Gold Contract

    GOLD (MCX)

    05 June 2024

    Today's Volume : 1539Change : 28.15%

    GOLD Spot Rate Details

    Places
    Price (Rs)
    Unit
    % CHG
    W | M | Y
    Prem/Disc
    Prem/Disc (Trend)
    71346.00
    10 GRMS
    -0.36
    -722.00

    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
    71018.00/10 GRMS
    -0.14
    -0.99
    13.43
    03-May-2024
    79931.00/1 KGS
    -0.02
    -0.93
    8.45
    31-May-2024
    6987.00/1 GRMS
    -0.06
    -0.94
    12.06
    31-May-2024
    57116.00/8 GRMS
    -0.06
    -0.56
    13.81
    05-Jun-2024
    70635.00/10 GRMS
    -0.09
    -0.80
    8.51

    GOLD vs Peers (Intraday Range)

    LowestHighest

    -0.760.35

    ......

    -0.16

    GOLD vs Peers (Contract Range)

    LowestHighest

    -3.0213.81

    ......

    12.01

    GOLD (05-Aug-2024) vs GOLD Other Contracts

    Expiry
    Price / Unit
    Day% Chg
    Week%
    Contract%
    Day L/H
    Contract L/H
    Volume
    Prem/Disc
    05-Aug-2024
    70741.00/10 GRMS
    -0.17
    -0.64
    7.98
    181
    -605.00
    04-Oct-2024
    71059.00/10 GRMS
    -0.35
    -1.50
    0
    -287.00
    05-Dec-2024
    71105.00/10 GRMS
    -0.21
    0.11
    0.00
    0
    -241.00
    05-Feb-2025
    71230.00/10 GRMS
    -0.29
    0.30
    0.00
    0
    -116.00
    04-Apr-2025
    71346.00/10 GRMS
    -0.36
    0.47
    0.00
    0
    .00

    GOLD Contract Details  (2024-06-05) Exchange: MCX

    Symbol

    GOLD

    Contract Start Date

    2023-06-16

    Last Trading Date

    2024-06-05

    Lot Size

    1

    Tick Size

    100

    Symbol Description

    GOLD.995

    Delivery Start Date

    2024-05-30

    Delivery End Date

    2024-06-06

    Symbol Info

    GOLD.995 EX-AHMEDABAD

    Tender Period Start Date

    2024-05-30

    Tender Period End Date

    2024-06-05

    Commodity Group

    Precious Metals

    Name Of Underlying

    Precious Metals

    Identifier of the Underlying

    114

    Instrument Identifier

    257896

    Instrument

    FUTCOM

    Expiry Date

    2024-06-05

    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
    2024-04-30
    Gold
    05-Jun-2024
    71300.00
    71347.00
    70380.00
    71602.00
    -1136.00
    -1.59
    2024-04-30
    Gold
    05-Jun-2024
    71300.00
    71347.00
    70380.00
    71602.00
    -1136.00
    -1.59
    2024-04-29
    Gold
    05-Jun-2024
    71230.00
    71698.00
    71147.00
    71500.00
    95.00
    0.13
    2024-04-26
    Gold
    05-Jun-2024
    71212.00
    71750.00
    71212.00
    71214.00
    272.00
    0.38
    2024-04-26
    Gold
    05-Jun-2024
    71212.00
    71750.00
    71212.00
    71214.00
    272.00
    0.38
    2024-04-25
    Gold
    05-Jun-2024
    70778.00
    71580.00
    70631.00
    71050.00
    204.00
    0.29
    2024-04-24
    Gold
    05-Jun-2024
    70987.00
    71369.00
    70730.00
    71029.00
    32.00
    0.05
    2024-04-23
    Gold
    05-Jun-2024
    71125.00
    71210.00
    70202.00
    71197.00
    -183.00
    -0.26
    2024-04-22
    Gold
    05-Jun-2024
    72127.00
    72295.00
    71160.00
    72806.00
    -1616.00
    -2.22
    2024-04-19
    Gold
    05-Jun-2024
    72718.00
    72955.00
    72309.00
    72683.00
    117.00
    0.16
    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
    31-May-2024
    849.55
    0.43
    28-Jun-2024
    854.40
    0.40
    05-Dec-2024
    84060.00
    0.35
    18-Jun-2024
    6596.00
    0.30
    28-Feb-2025
    85422.00
    0.24
    19-Jul-2024
    6618.00
    0.24
    28-Jun-2024
    233.50
    0.19
    28-May-2024
    170.30
    0.18
    18-Jun-2024
    6597.00
    0.12
    20-May-2024
    6608.00
    0.11

    Gold ETFs »

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