Gold M Rate

    (Expiry: 05-Oct-2023 |   Exchange: MCX | Head: Precious Metals)

    02.15PM IST | 02 Oct, 2023

    • 57050.0Per 10 GRMS
    • Change

      -96.00 (-0.17%)

    • Volume340
    • Open57445.0
    • Prv. Close57146.00
    • Spot.00

    Day's Trend

    • Day:

      56802.057727.0

    • Contract:

      56674.0060328.00

    • Average Price (Rs/10 GRMS):57332.46
    • Open Interest (Contracts):1040
    • Open Interest Change %:.00%
    • Best Buy Price (Rs/QTY):57050.0/1
    • Prem/Disc:
    • Spread:
    • Unit:GRMS
    • Lot Size:100
    • Tick Size:100
    • Best Sell Price (Rs/QTY):57118.0/1

    GOLDM News

    Losing shine? Investment demand for gold plummets to four-year lows | News

    1 Oct, 2023, 04.36 PM

    COMEX Gold prices saw a significant drop due to a surge in US treasury yields, resulting in the largest weekly loss in months. The US central bank indicated another rate hike before the end of the year and signaled fewer rate cuts for the following year. Strong economic data, including increased durable goods orders and low unemployment claims, supported the Federal Reserve's hawkish stance. The rebound in US home prices and rising energy prices also raised inflation concerns.

    Oversold gold may slide further on elevated yields, firmer dollar | News

    30 Sep, 2023, 03.31 PM

    High US yields and a strong Dollar continue to act as headwinds against the metal as investors see the US Federal Reserve sticking to its high rate regime for a duration longer than previously expected.

    Gold prices fall to six-month low. What’s bothering traders? | News

    30 Sep, 2023, 10.04 AM

    Gold had a firm start this year by gaining more than 13 percent in the first five-month period. Since then, it has consolidated in a tight range, and last week, it came out of the stiff support zone of $1880 an ounce.

    Gold declines Rs 250; silver rallies Rs 1,200 | News

    29 Sep, 2023, 04.55 PM

    Delhi spot gold prices fell to their lowest level since March 19, Saumil Gandhi, senior analyst of commodities at HDFC Securities, said.

    Gold Rate Today: MCX Gold slide continues as yellow metal falls by Rs 2,100. Should you book profits? | News

    29 Sep, 2023, 10.37 AM

    The MCX December gold futures were trading up by Rs 7 or 0.01% from the Thursday closing price at Rs 57,853 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,285 per kg, higher by Rs 685 or 0.97%.

    Gold set for worst month in seven as traders bet on higher US rates | News

    29 Sep, 2023, 08.05 AM

    The Democratic-led U.S. Senate forged ahead on Thursday with a bipartisan stopgap funding bill aimed at averting a fourth partial government shutdown in a decade, while the House prepared to vote on partisan Republican spending bills with no chance of becoming law.

    Gold Rate Today: MCX Gold falls by over Rs 1,700, silver tanks Rs 5,133 in September. Should you buy or sell? | News

    28 Sep, 2023, 10.38 AM

    The MCX December gold futures were trading down by Rs 91 or 0.16% from the Wednesday closing price at Rs 58,192 per 10 gram on the MCX while the December Silver futures were trading at Rs 70,671 per kg, higher by Rs 122 or 0.17%.

    Gold hovers near six-month low as dollar, yields weigh | News

    28 Sep, 2023, 07.54 AM

    Orders for long-lasting U.S. manufactured goods rose in August, as an increase in machinery and other products offset a drop in civilian aircraft, and business spending on equipment appeared to regain momentum after faltering early in the third quarter.

    Gold declines Rs 300, silver plunges Rs 400 | News

    27 Sep, 2023, 07.05 PM

    In the global markets, gold and silver were quoting lower at USD 1,897 per ounce and USD 22.80 per ounce, respectively.

    Gold Rate Today: 2 month lows for MCX gold, silver down by Rs 3,900 per kg. What should traders do? | News

    27 Sep, 2023, 12.26 PM

    The MCX October gold futures were trading down by Rs 182 or 0.31% from the Tuesday closing price at Rs 58,250 per 10 gram on the MCX while the December Silver futures were trading at Rs 71,110 per kg, lower by Rs 667 or 0.93%.

    Hot/Cold Gold M Contract

    GOLDM (MCX)

    05 October 2023

    Today's Volume : 340Change : 0.0%

    GOLDM Spot Rate Details

    Places
    Price (Rs)
    Unit
    % CHG
    W | M | Y
    Prem/Disc
    Prem/Disc (Trend)
    Data not available

    GOLDM vs Other Precious Metals

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

    Trend

    D | M | Y
    05-Sep-2023
    72093.00/1 KGS
    -1.32
    -2.06
    5.40
    29-Sep-2023
    47111.00/8 GRMS
    -0.62
    -1.42
    -0.79
    29-Sep-2023
    5799.00/1 GRMS
    0.21
    -1.04
    -4.29
    05-Oct-2023
    57096.00/10 GRMS
    -0.06
    -3.14
    -7.94
    31-Oct-2023
    5775.00/1 GRMS
    -0.29
    -1.90
    -2.12
    31-Oct-2023
    46750.00/8 GRMS
    -0.64
    -2.65
    -4.37
    30-Nov-2023
    5814.00/1 GRMS
    -0.34
    -1.94
    -3.10
    30-Nov-2023
    46985.00/8 GRMS
    -0.62
    -2.62
    -0.03
    30-Nov-2023
    70030.00/1 KGS
    -1.02
    -4.54
    1.42
    30-Nov-2023
    70015.00/1 KGS
    -1.02
    -4.54
    4.39

    GOLDM vs Peers (Intraday Range)

    LowestHighest

    -1.070.21

    ......

    -0.17

    GOLDM vs Peers (Contract Range)

    LowestHighest

    -10.334.39

    ......

    -3.15

    GOLDM (03-Nov-2023) vs GOLDM Other Contracts

    Expiry
    Price / Unit
    Day% Chg
    Week%
    Contract%
    Day L/H
    Contract L/H
    Volume
    Prem/Disc
    03-Nov-2023
    57400.00/10 GRMS
    -0.37
    -3.07
    -3.80
    14963
    .00
    05-Dec-2023
    57686.00/10 GRMS
    -0.46
    -2.97
    -3.41
    3231
    .00

    GOLDM Contract Details  (2023-10-05) Exchange: MCX

    Symbol

    GOLDM

    Contract Start Date

    2023-07-06

    Last Trading Date

    2023-10-05

    Lot Size

    100

    Tick Size

    100

    Symbol Description

    GOLD MINI 995

    Delivery Start Date

    2023-09-28

    Delivery End Date

    2023-10-06

    Symbol Info

    GOLD MINI 995 EX-AHMEDABD

    Tender Period Start Date

    2023-09-28

    Tender Period End Date

    2023-10-05

    Commodity Group

    Precious Metals

    Name Of Underlying

    Precious Metals

    Identifier of the Underlying

    117

    Instrument Identifier

    258460

    Instrument

    FUTCOM

    Expiry Date

    2023-10-05

    Price Quote Qty

    GRMS

    Daily Price Percent

    0.00

    Near Month Instrument Identifier

    -1

    Far Month Instrument Identifier

    -1

    Trading Unit

    GRMS

    Delivery Unit

    GRMS

    GOLDM Rate Historical Performance

    From DateTo Date--- OR --- Contract
    Date
    Commodity
    Expiry
    Open
    High
    Low
    Prev Close
    ABS
    % CHG
    2023-09-29
    Gold
    05-Oct-2023
    57445.00
    57727.00
    56802.00
    57146.00
    -96.00
    -0.17
    2023-09-28
    Gold
    05-Oct-2023
    57675.00
    57788.00
    56674.00
    57759.00
    -547.00
    -0.95
    2023-09-27
    Gold
    05-Oct-2023
    58466.00
    58478.00
    57662.00
    58478.00
    -611.00
    -1.04
    2023-09-26
    Gold
    05-Oct-2023
    58656.00
    58700.00
    58454.00
    58707.00
    -217.00
    -0.37
    2023-09-25
    Gold
    05-Oct-2023
    58860.00
    58948.00
    58675.00
    58896.00
    -221.00
    -0.38
    2023-09-22
    Gold
    05-Oct-2023
    58800.00
    58948.00
    58721.00
    58853.00
    43.00
    0.07
    2023-09-22
    Gold
    05-Oct-2023
    58800.00
    58948.00
    58721.00
    58853.00
    43.00
    0.07
    2023-09-21
    Gold
    05-Oct-2023
    59300.00
    59300.00
    58726.00
    59363.00
    -493.00
    -0.83
    2023-09-20
    Gold
    05-Oct-2023
    59167.00
    59388.00
    59100.00
    59265.00
    100.00
    0.17
    2023-09-19
    Gold
    05-Oct-2023
    59250.00
    59350.00
    59231.00
    59212.00
    23.00
    0.04
    MORE HISTORICAL DATA

    Future Margin Calculator

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    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-Nov-2023
    213.65
    2.45
    31-Oct-2023
    212.10
    2.24
    29-Sep-2023
    230.10
    2.02
    31-Oct-2023
    212.20
    1.99
    30-Nov-2023
    213.45
    1.96
    29-Sep-2023
    229.85
    1.73
    29-Sep-2023
    210.35
    1.30
    31-Oct-2023
    232.60
    1.17
    31-Oct-2023
    232.15
    1.13
    30-Nov-2023
    233.75
    1.10

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    Volume
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