MCX:GOLD

47,345

+170 (0.36%)

Updated 11:28 16/04 IST

MCX:GOLD Buy or Sell - FrontPage Forums

25 Users have submitted 28 trade ideas of Rs. 13,853,917.63 for MCX:GOLD

Disclaimer

75% Bullish

25% Bearish

MCX:GOLD Buy or Sell - Brokerage Reports

No. of reports in last year

No. of analysts

Average Consensus Forecast

Consensus Potential

0.00%

See MCX:GOLD Share Price Targets >>

MCX:GOLD Ratings

Long term MCX:GOLD rating by FrontPage users

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4/5 (3 Ratings)

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MCX:GOLD Forum

MCX:GOLD Share Price Discussion

Swapna Tripathi @swapnatripathi

Reputation: 22,892 • Yesterday 4:54 AM

Swapna Tripathi in MCX-GOLD
Buy GOLD 1670-1650 USD Target --> 2100 USD Time...

Gold 1778+ 🙏🏻 #GOLD

Nifty King @niftyking

Reputation: 1,332 • Yesterday 4:28 AM

Type
Buy
Instrument
GOLD 04JUN21 FUT
Entry Price
₹47,371
Price@Trade
₹47,371
Target Price
₹47,750
Stop Price
₹47,299  ₹47,354
Valid Till
Jun 4, 2021 11:20 AM 
Margin
₹1,026,941.25 approx for 300 Qty
Status
Stoploss Hit
Exit Price
47354.0
Net P&L
-₹5,100 (-0.5%)
#GOLD 

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Nifty King @niftyking

•

Yesterday 4:30 AM

Update
Stoploss Trailed
Price @ Update
₹47,368
Original SL
₹47,299
New SL
47354.0

TrackerBot @trackerbot

•

Yesterday 4:34 AM

Update
Stoploss Hit
Exit Price
47354.0

SUMIT KUMAR @sumitkumar-S18SJ...

Reputation: 48 • Yesterday 4:21 AM

Type
Buy
Instrument
GOLDM 05MAY21 FUT
Entry Price
₹47,040
Price@Trade
₹47,040
Target Price
₹48,000
Stop Price
₹47,000
Valid Till
Apr 26, 2021 11:20 AM 
Margin
₹34,010 approx for 10 Qty
Status
Active
#GOLD 

Trade

StockYug @stockyug

Reputation: 0 • Yesterday 4:08 AM

Type
Sell
Instrument
GOLDM 05MAY21 FUT
Entry Price
₹47,036
Price@Trade
₹47,036
Target Price
₹46,800
Stop Price
₹47,096
Valid Till
Apr 19, 2021 11:20 AM 
Margin
₹34,009 approx for 10 Qty
Status
Active
#GOLD 

Trade

Nifty King @niftyking

Reputation: 1,332 • Yesterday 4:01 AM

Type
Buy
Instrument
GOLD 04JUN21 FUT
Entry Price
₹47,385
Price@Trade
₹47,385
Target Price
₹47,750
Stop Price
₹47,299  ₹47,357
Valid Till
Apr 19, 2021 11:20 AM 
Margin
₹1,026,993.75 approx for 300 Qty
Status
Stoploss Hit
Exit Price
47357.0
Net P&L
-₹8,400 (-0.82%)
#GOLD 

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Nifty King @niftyking

•

Yesterday 4:10 AM

Update
Stoploss Trailed
Price @ Update
₹47,373
Original SL
₹47,328
New SL
47339.0

Nifty King @niftyking

•

Yesterday 4:14 AM

Update
Stoploss Trailed
Price @ Update
₹47,371
Original SL
₹47,339
New SL
47357.0

TrackerBot @trackerbot

•

Yesterday 4:26 AM

Update
Stoploss Hit
Exit Price
47357.0

Nifty King @niftyking

Reputation: 1,332 • Yesterday 3:41 AM

Type
Buy
Instrument
GOLD 04JUN21 FUT
Entry Price
₹47,311
Price@Trade
₹47,311
Target Price
₹47,750
Stop Price
₹47,265  ₹47,328
Valid Till
Apr 19, 2021 11:20 AM 
Margin
₹1,026,716.25 approx for 300 Qty
Status
Exited
Exit Price
₹47,372
Net P&L
+₹18,300 (+1.78%)
#GOLD 

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Nifty King @niftyking

•

Yesterday 3:55 AM

Update
Stoploss Trailed
Price @ Update
₹47,350
Original SL
₹47,302
New SL
47308.0

Nifty King @niftyking

•

Yesterday 3:57 AM

Update
Stoploss Trailed
Price @ Update
₹47,362
Original SL
₹47,308
New SL
47328.0

Nifty King @niftyking

•

Yesterday 3:59 AM

Update
Exited
Exit Price
₹47,372
Net P&L
+₹18,300 (+1.78%)

Jjhg @jjhg

Reputation: 0 • Yesterday 3:31 AM

Type
Buy
Instrument
GOLDM 04JUN21 FUT
Entry Price
₹47,320
Price@Trade
₹47,320
Target Price
₹48,500
Stop Price
₹47,000
Valid Till
Apr 26, 2021 11:20 AM 
Margin
₹1,540,575 approx for 450 Qty
Status
Active
#GOLD 

Trade

Nifty King @niftyking

Reputation: 1,332 • Yesterday 3:05 AM

Type
Buy
Instrument
GOLD 04JUN21 FUT
Entry Price
₹47,312
Price@Trade
₹47,312
Target Price
₹47,750
Stop Price
₹47,265  ₹47,309
Valid Till
Apr 19, 2021 11:20 AM 
Margin
₹1,026,720 approx for 300 Qty
Status
Stoploss Hit
Exit Price
47309.0
Net P&L
-₹900 (-0.09%)
#GOLD 

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Nifty King @niftyking

•

Yesterday 3:13 AM

Update
Stoploss Trailed
Price @ Update
₹47,355
Original SL
₹47,265
New SL
47309.0

TrackerBot @trackerbot

•

Yesterday 3:40 AM

Update
Stoploss Hit
Exit Price
47309.0

RAJA REDDY @IndexTechnicals

Reputation: 0 • Yesterday 2:57 AM

Type
Sell
Instrument
GOLD 04JUN21 FUT
Entry Price
₹47,342
Price@Trade
₹47,342
Target Price
₹46,550
Stop Price
₹47,550
Valid Till
Apr 26, 2021 11:20 AM 
Margin
₹342,277.5 approx for 100 Qty
Status
Exited
Exit Price
₹47,318
Net P&L
+₹2,400 (+0.7%)
#GOLD 

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RAJA REDDY @IndexTechnicals

•

Yesterday 3:44 AM

Update
Exited
Exit Price
₹47,318
Net P&L
+₹2,400 (+0.7%)

Chilakapat Meera @chilakapati

Reputation: 0 • Yesterday 2:45 AM

Type
Sell
Instrument
GOLDM 05MAY21 FUT
Entry Price
₹47,000  ₹46,990
Price@Trade
₹46,996
Target Price
₹46,200
Stop Price
₹47,300
Valid Till
Apr 16, 2021 11:20 AM 
Margin
₹340,037.5 approx for 100 Qty
Status
Exited before entry
#GOLD 

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Chilakapat Meera @chilakapati

•

Yesterday 2:46 AM

Update
Entry Price Modified
Price @ Update
₹46,990
Original Entry Price
₹47,000
New Entry Price
₹46,990

Chilakapat Meera @chilakapati

•

Yesterday 2:46 AM

Update
Exited before entry
Price @ Update
₹46,995

Nifty King @niftyking

Reputation: 1,332 • Yesterday 2:22 AM

Type
Buy
Instrument
GOLD 04JUN21 FUT
Entry Price
₹47,286  ₹47,346
Price@Trade
₹47,315
Target Price
₹47,750
Stop Price
₹47,265  ₹47,319
Valid Till
Jun 4, 2021 11:20 AM 
Margin
₹1,026,847.5 approx for 300 Qty
Status
Stoploss Hit
Exit Price
47319.0
Net P&L
-₹8,100 (-0.79%)
#GOLD 

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Nifty King @niftyking

•

Yesterday 2:33 AM

Update
Stoploss Trailed
Price @ Update
₹47,349
Original SL
₹47,265
New SL
47307.0

Nifty King @niftyking

•

Yesterday 2:53 AM

Update
Stoploss Trailed
Price @ Update
₹47,345
Original SL
₹47,307
New SL
47319.0

TrackerBot @trackerbot

•

Yesterday 3:05 AM

Update
Stoploss Hit
Exit Price
47319.0

Pramod @pramod-ByLRcybHd

Reputation: 0 • Yesterday 2:15 AM

Type
Sell
Instrument
GOLD 04JUN21 FUT
Entry Price
₹47,330
Price@Trade
₹47,330
Target Price
₹47,000
Stop Price
₹47,500
Valid Till
Apr 16, 2021 11:20 AM 
Margin
₹684,525 approx for 200 Qty
Status
Exited
Exit Price
₹47,315
Net P&L
+₹3,000 (+0.44%)
#GOLD 

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Pramod @pramod-ByLRcybHd

•

Yesterday 2:22 AM

Update
Exited
Exit Price
₹47,315
Net P&L
+₹3,000 (+0.44%)

Nifty King @niftyking

Reputation: 1,332 • Yesterday 2:04 AM

Nifty King in MCX-GOLD
#GOLD Update: Simple Fibonacci Extension targe...

#GOLD Update : The channels help us with profit booking zones...

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Nifty King @niftyking

•

Yesterday 3:32 AM

If this low is respected Gold will take off now 👍

Nifty King @niftyking

•

Yesterday 4:01 AM

Book part profit here 📈👌

ISK Broking And Advisory @isk

Reputation: 248 • Yesterday 1:55 AM

#Gold
Buy Gold @ 47310 sl 47130 tgt 47500

Rakesh @rakesh-HyFVW8zBw

Reputation: 888 • Yesterday 1:52 AM

Type
Sell
Instrument
GOLD 05AUG21 FUT
Entry Price
₹47,582
Price@Trade
₹47,582
Target Price
₹41,000
Stop Price
₹47,583  ₹47,551
Valid Till
Aug 5, 2021 11:20 AM 
Margin
₹38,165,116 approx for 8700 Qty
Status
Stoploss Hit
Exit Price
₹47,551
Net P&L
+₹269,700 (+0.71%)
#GOLD 

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Rakesh @rakesh-HyFVW8zBw

•

Yesterday 3:23 AM

Update
Stoploss Trailed
Price @ Update
₹47,545
Original SL
₹47,583
New SL
₹47,551

TrackerBot @trackerbot

•

Yesterday 3:53 AM

Update
Stoploss Hit
Exit Price
₹47,551

Rakesh @rakesh-HyFVW8zBw

Reputation: 888 • Yesterday 1:51 AM

Type
Sell
Instrument
GOLD 05AUG21 FUT
Entry Price
₹47,582
Price@Trade
₹47,582
Target Price
₹41,000
Stop Price
₹47,583  ₹47,551
Valid Till
Aug 5, 2021 11:20 AM 
Margin
₹43,867,950 approx for 10000 Qty
Status
Stoploss Hit
Exit Price
₹47,551
Net P&L
+₹310,000 (+0.71%)
#GOLD 

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Rakesh @rakesh-HyFVW8zBw

•

Yesterday 3:23 AM

Update
Stoploss Trailed
Price @ Update
₹47,545
Original SL
₹47,583
New SL
₹47,551

TrackerBot @trackerbot

•

Yesterday 3:53 AM

Update
Stoploss Hit
Exit Price
₹47,551

SHJ @shjain1976

Reputation: 16 • Yesterday 1:50 AM

Type
Sell
Instrument
GOLDM 05MAY21 FUT
Entry Price
₹46,985
Price@Trade
₹46,985
Target Price
₹45,985
Stop Price
₹47,985
Valid Till
May 5, 2021 11:20 AM 
Margin
₹43,379 approx for 10 Qty
Status
Exited
Exit Price
₹46,980
Net P&L
+₹50 (+0.12%)
#GOLD 

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SHJ @shjain1976

•

Yesterday 2:18 AM

Update
Exited
Exit Price
₹46,980
Net P&L
+₹50 (+0.12%)

Rakesh @rakesh-HyFVW8zBw

Reputation: 888 • Yesterday 1:50 AM

Type
Sell
Instrument
GOLD 05AUG21 FUT
Entry Price
₹47,582
Price@Trade
₹47,582
Target Price
₹41,000
Stop Price
₹47,583  ₹47,551
Valid Till
Aug 5, 2021 11:20 AM 
Margin
₹43,867,950 approx for 10000 Qty
Status
Stoploss Hit
Exit Price
₹47,551
Net P&L
+₹310,000 (+0.71%)
#GOLD 

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Rakesh @rakesh-HyFVW8zBw

•

Yesterday 3:23 AM

Update
Stoploss Trailed
Price @ Update
₹47,545
Original SL
₹47,583
New SL
₹47,551

TrackerBot @trackerbot

•

Yesterday 3:53 AM

Update
Stoploss Hit
Exit Price
₹47,551

Rakesh @rakesh-HyFVW8zBw

Reputation: 888 • Yesterday 1:49 AM

Type
Sell
Instrument
GOLD 05AUG21 FUT
Entry Price
₹47,582
Price@Trade
₹47,582
Target Price
₹41,000
Stop Price
₹47,583  ₹47,551
Valid Till
Aug 5, 2021 11:20 AM 
Margin
₹34,387,750 approx for 10000 Qty
Status
Stoploss Hit
Exit Price
₹47,551
Net P&L
+₹310,000 (+0.9%)
#GOLD 

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Rakesh @rakesh-HyFVW8zBw

•

Yesterday 3:23 AM

Update
Stoploss Trailed
Price @ Update
₹47,545
Original SL
₹47,583
New SL
₹47,551

TrackerBot @trackerbot

•

Yesterday 3:53 AM

Update
Stoploss Hit
Exit Price
₹47,551

Chilakapat Meera @chilakapati

Reputation: 0 • Yesterday 1:48 AM

Type
Sell
Instrument
GOLDM 05MAY21 FUT
Entry Price
₹47,000
Price@Trade
₹46,975
Target Price
₹46,500
Stop Price
₹47,300
Valid Till
Apr 16, 2021 11:20 AM 
Margin
₹340,026.25 approx for 100 Qty
Status
Exited before entry
#GOLD 

Reply (1)

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Chilakapat Meera @chilakapati

•

Yesterday 1:50 AM

Update
Exited before entry
Price @ Update
₹46,985

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MCX:GOLD PRICE - 04JUN2021
Date Apr 16
Open 47,099
High 47,432
Low 46,820
Previous Close 47,345
Volume 8,211
MCX:GOLD PRICE - 05AUG2021
Date Apr 16
Open 47,370
High 47,628
Low 47,053
Previous Close 47,590
Volume 317

Date	Apr 16
Open	47,099
High	47,432
Low	46,820
Previous Close	47,345
Volume	8,211

Date	Apr 16
Open	47,370
High	47,628
Low	47,053
Previous Close	47,590
Volume	317

MCX:GOLD PRICE - 05APR2021 Historical

Date	Open	High	Low	Close
Apr 1	44,650	44,820	44,650	44,700
Mar 31	43,870	44,040	43,711	43,860
Mar 30	43,669	44,300	43,669	43,979
Mar 29	44,520	44,550	44,100	44,340
Mar 26	44,635	44,645	44,441	44,606
Apr 1	44,500	44,778	44,500	44,600
Mar 31	43,899	44,060	43,735	43,885
Mar 30	43,950	44,200	43,819	43,860
Mar 29	44,474	44,560	44,302	44,430
Mar 26	44,652	44,660	44,437	44,600

MCX:GOLD PRICE - 30APR2021 Historical

Date	Open	High	Low	Close
Apr 1	35,861	36,090	35,861	36,067
Mar 31	35,549	35,620	35,475	35,520
Mar 30	35,767	35,825	35,557	35,577
Mar 29	36,100	36,100	36,000	36,033
Mar 26	36,070	36,090	36,003	36,060
Apr 1	4,464	4,487	4,460	4,484
Mar 31	4,420	4,423	4,404	4,410
Mar 30	4,447	4,448	4,420	4,422
Mar 29	4,490	4,490	4,472	4,479
Mar 26	4,486	4,487	4,476	4,480

MCX:GOLD PRICE - 05MAY2021 Historical
Date Open High Low Close
Apr 1 44,754 44,995 44,753 44,973
Mar 31 44,440 44,440 44,101 44,180
Mar 30 44,475 44,558 44,163 44,236
Mar 29 44,990 44,990 44,800 44,841
Mar 26 44,910 45,050 44,840 44,950

Date	Open	High	Low	Close
Apr 1	44,754	44,995	44,753	44,973
Mar 31	44,440	44,440	44,101	44,180
Mar 30	44,475	44,558	44,163	44,236
Mar 29	44,990	44,990	44,800	44,841
Mar 26	44,910	45,050	44,840	44,950

MCX:GOLD PRICE - 31MAY2021 Historical

Date	Open	High	Low	Close
Apr 1	4,502	4,521	4,500	4,520
Mar 31	4,459	4,463	4,445	4,448
Mar 30	4,488	4,488	4,460	4,467
Mar 29	4,520	4,521	4,511	4,515
Mar 26	4,524	4,525	4,515	4,520
Apr 1	36,055	36,285	36,055	36,261
Mar 31	35,785	35,834	35,699	35,716
Mar 30	35,890	36,005	35,800	35,845
Mar 29	36,210	36,280	36,210	36,210
Mar 26	36,151	36,312	36,151	36,230

MCX:GOLD PRICE - 04JUN2021 Historical

Date	Open	High	Low	Close
Apr 1	44,911	45,185	44,911	45,159
Mar 31	44,305	44,488	44,215	44,306
Mar 30	44,590	44,740	44,108	44,359
Mar 29	44,972	45,060	44,972	45,009
Mar 26	45,107	45,166	44,900	45,040
Apr 1	44,970	45,219	44,970	45,200
Mar 31	44,500	44,528	44,292	44,357
Mar 30	44,601	44,780	44,390	44,427
Mar 29	45,073	45,112	45,003	45,048
Mar 26	45,093	45,194	45,000	45,085

MCX:GOLD PRICE - 30JUN2021 Historical

Date	Open	High	Low	Close
Apr 1	4,520	4,547	4,520	4,547
Mar 31	4,497	4,501	4,484	4,484
Mar 30	4,515	4,555	4,494	4,498
Mar 29	4,560	4,560	4,560	4,560
Mar 26	4,540	4,574	4,540	4,555
Apr 1	36,716	36,716	36,489	36,489
Mar 30	36,502	36,502	36,075	36,075
Mar 26	36,846	36,846	36,846	36,846
Mar 25	35,924	35,924	35,924	35,924
Mar 24	35,352	35,352	35,352	35,352

MCX:GOLD PRICE - 05AUG2021 Historical
Date Open High Low Close
Apr 1 45,300 45,445 45,300 45,390
Mar 31 44,617 44,727 44,546 44,575
Mar 30 44,880 44,986 44,650 44,650
Mar 26 45,334 45,334 45,334 45,334
Mar 24 45,410 45,410 45,410 45,410
MCX:GOLD PRICE - 05OCT2021 Historical
Date Open High Low Close
Apr 1 45,545 45,545 45,545 45,545
Mar 31 45,550 45,550 45,550 45,550
Mar 30 47,061 47,061 47,061 47,061
Mar 29 46,072 46,072 46,072 46,072
Mar 26 45,966 45,966 45,966 45,966
MCX:GOLD PRICE - 03DEC2021 Historical
Date Open High Low Close
Apr 1 45,838 45,838 45,838 45,838
Mar 31 46,091 46,091 46,091 46,091
Mar 30 48,195 48,195 48,195 48,195
Mar 29 46,533 46,533 46,533 46,533
Mar 26 46,376 46,376 46,376 46,376
MCX:GOLD PRICE - 04FEB2022 Historical
Date Open High Low Close
Apr 1 46,151 46,151 46,151 46,151
Mar 31 46,668 46,668 46,668 46,668
Mar 30 49,406 49,406 49,406 49,406
Mar 29 47,026 47,026 47,026 47,026
Mar 26 46,814 46,814 46,814 46,814
MCX:GOLD - Recent News
NewsBot
Oct 1, 2019 4:53 AM
Gold rate today: Gold, silver trade lower; technicals project gold sliding further
The Economic Times
NewsBot
Sep 30, 2019 6:21 AM
Commodity Outlook: How gold, oil, base metals and agri commodities may trade today
The Economic Times
NewsBot
Sep 30, 2019 6:15 AM
Gold prices dip as fears of widening trade war ease
The Economic Times
NewsBot
Aug 12, 2019 4:33 AM
Hedge funds go all in on gold
economictimes.indiatimes.com
NewsBot
Aug 7, 2019 6:59 AM
Gold Rate Today: Gold prices surge as US-China trade tensions drag
economictimes.indiatimes.com
NewsBot
Aug 6, 2019 7:03 AM
Gold Rate Today: Gold declines on rising equities, fall in spot demand
economictimes.indiatimes.com
NewsBot
Aug 6, 2019 7:02 AM
How oil, gold, base metals and agri commodities may trade in Tuesday’s session
economictimes.indiatimes.com
NewsBot
Aug 1, 2019 4:51 AM
India’s gold demand to soften in third-quarter on price rise, rural distress: WGC
economictimes.indiatimes.com
NewsBot
Aug 1, 2019 4:51 AM
Gold Rate Today: Gold falls in the light of weak global cues, slump in spot demand
economictimes.indiatimes.com
NewsBot
Aug 1, 2019 4:51 AM
How gold, oil, base metals and agri-commodities may trade today
economictimes.indiatimes.com
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MCX:GOLD - More Information
MCX GOLD:
Gold is one of the hard commodities traded through MCX. MCX stands for the Multi Commodity Exchange. MCX is the exchange where you can trade commodities such as gold, silver and agricultural products like cotton, coffee, turmeric, etc., just like the BSE exchange where stocks of companies are traded. The trading mechanism done through MCX is pretty transparent, and it is disciplined with the regulatory framework.
Why should I Invest in Gold?
Gold is the oldest precious metal that's been traded by man and its global demand for gold is focused on four primary categories: jewellery, investment, central bank reserves, and technology. It is also valued as a global currency.
Reasons for Trading Gold:
Traders consider investing at least a small share of their assets in gold because Gold trading might provide portfolio protection in case of both geopolitical turbulence and economic catastrophes.
Investors who are not willing to invest in equity and bond markets but looking for ways to grow in emerging economies should consider gold.
However, investing in gold is not without risks. The gold price can head lower if the trader sentiment is gloomy.
There are situations which might lead to a decline in the gold price, such as financial aggressiveness from central banks and strength in US dollars.
And most importantly, if the market forecast is whimsical, it can alter the gold share price.
What are the factors influencing the market:
The gold market can be affected by various factors, and some main elements are,
Above ground supply of gold from central bank sales, reclaimed scrap and official gold loans.
Protection against volatility and uncertainty. In India, buying gold is considered to be a safe option when the other assets start losing their value.
In India, culture, tradition and seasons like harvesting influences, the demand for gold.
Macroeconomic factors such as Economic events, inflation rises and movements in dollar rate and interest plays a vital role in influencing the gold share price.
Geopolitical factors can influence the MCX gold rate. Gold usually performs well during the crisis, such as wars, while share prices typically have a negative impact. As buying gold is a perfect way to park funds, people consider it as a safe asset to invest.
Before trading in gold it’s always good to learn these contract specifications of gold:
The symbol used is GOLD, and the trading unit is 1kg.
The contract starts at 16th of a contract launch month and the last trading day falls on 5th of the contract expiry month. If both the days are holiday, then the preceding working day will be considered.
Trading is open from Monday through Friday and the trade hours are 10.00 a.m to 11.30 p.m/11.55 p.m
The maximum order size for trading is 10 kg, and the base value is 10 grams.
The initial margin is a minimum 4%, or sometimes it is based on SPAN, whichever is higher.
And the extreme loss margin is a minimum of 1%.
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MCX GOLD forum is all about discussions related to Gold rate, trading strategies, market information, and latest news related to MCX GOLD.
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