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MCX:GOLD 

MCX:GOLD
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MCX:GOLD Long Term Analysts Rating
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0/5 (0 Ratings)
MCX:GOLD Price *
40,595 +243 (0.6%)
* (quote may be delayed)

Find answers to all your questions on live MCX:GOLD message board: Is MCX:GOLD buy or sell? Should I buy MCX:GOLD shares? Why are MCX:GOLD shares falling? Should I invest in MCX:GOLD stock?


MCX:GOLD Discussion Forum

The Inside Guy in MCX-GOLD
GOLD 05FEB20 FUT
New trade: Sell GOLD 05FEB20 FUT, CMP@40583, En...
40550(+80) profit 8000/- may book
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reply
Reply
The Inside Guy in MCX-GOLD
GOLD 05FEB20 FUT
New trade: Sell GOLD 05FEB20 FUT, CMP@40583, En...
40560(+70) *Target* 😍🔛
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reply
Reply
The Inside Guy in MCX-GOLD
GOLD 05FEB20 FUT
New trade: Sell GOLD 05FEB20 FUT, CMP@40583, En...
580(+50) low risk may book 5000/- target running 💘
1
reply
Reply
Wall Times
 • 
MCX:GOLD
•
Yesterday 4:16 AM
@walltimes • Reputation: 2,841
Buy gold 40600 for 40700. SL 40550.
Like
reply
Reply
Crude India
 • 
MCX:GOLD
•
Yesterday 4:10 AM
@crudeindia • Reputation: 1,327
Crude India in MCX-GOLD
🗣️Advance call Gold Sell📸📸📸 Le...
MCX:GOLD - 560347
Today sell Gold Call🏹🏹🏹🏹
Made high 40810 both selling level Active 🏌️🏌️🏌️🏌️💪💪💪
And Again made low 40480 🔥🔥🔥🔥🔥
Done 150+++ point 📸📸📸
Reguler sure level #Crudeindia🇳🇪🇳🇪🇳🇪🇳🇪
1
reply
Reply
M
mohan
 • 
MCX:GOLD
•
Yesterday 3:54 AM
@mohan-B1lZEEB1E • Reputation: -64,098
GOLD 03APR20 FUT
Type
Sell
Instrument
GOLD 03APR20 FUT
Entry Price
₹40,770
Price@Trade
₹40,770
Target Price
₹40,200
Stop Price
₹40,900
Valid Till
Apr 3, 2020 11:45 PM
Margin
₹212,858.5 approx for 100 Qty
Status
Active
Like
reply
Reply
Profitwaves
 • 
MCX:GOLD
•
Yesterday 3:04 AM
@profitwaves • Reputation: 2,693
GOLDM 05FEB20 FUT
Type
Sell
Instrument
GOLDM 05FEB20 FUT
Entry Price
₹40,588
Price@Trade
₹40,588
Target Price
₹40,140
Stop Price
₹40,670
Valid Till
Feb 3, 2020 11:45 PM
Margin
₹21,202.5 approx for 10 Qty
Status
Active
Like
reply
Reply
GOLD 05FEB20 FUT
Type
Buy
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,686
Price@Trade
₹40,686
Target Price
₹40,900
Stop Price
₹40,510
Valid Till
Jan 27, 2020 11:45 PM
Margin
₹212,265.5 approx for 100 Qty
Status
Validity Over
Exit Price
₹40,602
Net P&L
-3.96% Loss
Like
reply
Reply (1)
Latest replies
TrackerBot @trackerbot
•
29 minutes ago
Update
Validity Over
Exit Price
₹40,602
Net P&L
-3.96% Loss
R
Ram
 • 
MCX:GOLD
•
Yesterday 2:51 AM
@ram-Hy-g9DlB4 • Reputation: 4,337
Gold 40630 ✔️✔️✔️
Silver 47300✔️✔️✔️ BTST 👈 👈
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reply
Reply
GOLD 05FEB20 FUT
Type
Buy
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,615
Price@Trade
₹40,615
Target Price
₹40,910
Stop Price
₹40,515
Valid Till
Jan 27, 2020 11:45 PM
Margin
₹212,176.75 approx for 100 Qty
Status
Validity Over
Exit Price
₹40,602
Net P&L
-0.61% Loss
Like
reply
Reply (1)
Latest replies
TrackerBot @trackerbot
•
29 minutes ago
Update
Validity Over
Exit Price
₹40,602
Net P&L
-0.61% Loss
GOLD 05FEB20 FUT
Type
Buy
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,600
Price@Trade
₹40,600
Target Price
₹42,000
Stop Price
₹40,000
Valid Till
Feb 5, 2020 11:45 PM
Margin
₹212,158 approx for 100 Qty
Status
Active
Like
reply
Reply
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,630
Price@Trade
₹40,583
Target Price
₹40,390
Stop Price
₹40,730
Valid Till
Jan 27, 2020 11:45 PM
Margin
₹212,203 approx for 100 Qty
Status
Exited
Exit Price
₹40,571
Net P&L
2.78% Profit
1
reply
Reply (9)
Latest replies
The Inside Guy @Technicalcasinoclub
•
38 minutes ago
Update
Exited
Exit Price
₹40,571
Net P&L
2.78% Profit
Sid @sid-rJLC-S3JU
•
33 minutes ago
One mini kra tha exited at 40540
The Inside Guy @Technicalcasinoclub
•
33 minutes ago
Sid @sid-rJLC-S3JU
•
33 minutes ago
Thanks for the good call 👏
The Inside Guy @Technicalcasinoclub
•
32 minutes ago
Mcx Trade
 • 
MCX:GOLD
•
Yesterday 2:06 AM
@mcx20 • Reputation: 1,519
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,630
Price@Trade
₹40,616
Target Price
₹40,100
Stop Price
₹40,730
Valid Till
Jan 28, 2020 11:45 PM
Margin
₹212,145.5 approx for 100 Qty
Status
Exited
Exit Price
₹40,585
Net P&L
2.12% Profit
Like
reply
Reply (2)
Latest replies
TrackerBot @trackerbot
•
Yesterday 2:09 AM
Update
Trade Entered
Entry Price
₹40,630
Mcx Trade @mcx20
•
Yesterday 2:17 AM
Update
Exited
Exit Price
₹40,585
Net P&L
2.12% Profit
Mcx Trade
 • 
MCX:GOLD
•
Yesterday 2:06 AM
@mcx20 • Reputation: 1,519
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,630
Price@Trade
₹40,616
Target Price
₹40,100
Stop Price
₹40,730
Valid Till
Jan 28, 2020 11:45 PM
Margin
₹212,145.5 approx for 100 Qty
Status
Active
Like
reply
Reply (1)
Latest replies
TrackerBot @trackerbot
•
Yesterday 2:09 AM
Update
Trade Entered
Entry Price
₹40,630
VIVANTA MCX
 • 
MCX:GOLD
•
Yesterday 2:06 AM
@vivanta • Reputation: -442
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,620
Price@Trade
₹40,616
Target Price
₹40,400
Stop Price
₹40,800
Valid Till
Jan 28, 2020 11:45 PM
Margin
₹212,201.75 approx for 100 Qty
Status
Active
Like
reply
Reply (1)
Latest replies
TrackerBot @trackerbot
•
Yesterday 2:07 AM
Update
Trade Entered
Entry Price
₹40,620
M
Buy gold 30585
Sl 30530
Target 30730
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reply
Reply
Profitwaves
 • 
MCX:GOLD
•
Yesterday 1:51 AM
@profitwaves • Reputation: 2,693
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,550
Price@Trade
₹40,556
Target Price
₹39,500
Stop Price
₹40,850
Valid Till
Feb 5, 2020 11:45 PM
Margin
₹212,088 approx for 100 Qty
Status
Active
Like
reply
Reply (1)
Latest replies
TrackerBot @trackerbot
•
Yesterday 1:53 AM
Update
Trade Entered
Entry Price
₹40,550
Bullion_King
 • 
MCX:GOLD
•
Yesterday 1:50 AM
@bullionking • Reputation: 8,076
COMEX 1578 BELOW WE CAN SEE 1574-1569-1565__CMP1579.50
1
reply
Reply
H
Harish
 • 
MCX:GOLD
•
Yesterday 1:27 AM
@harishm • Reputation: -4,354
GOLD 05FEB20 FUT
Type
Buy
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,684
Price@Trade
₹40,684
Target Price
₹40,999
Stop Price
₹40,409
Valid Till
Feb 3, 2020 11:45 PM
Margin
₹212,263 approx for 100 Qty
Status
Active
Like
reply
Reply
M
GOLD 05FEB20 FUT
Type
Buy
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,685
Price@Trade
₹40,685
Target Price
₹41,100
Stop Price
₹40,510
Valid Till
Feb 3, 2020 11:45 PM
Margin
₹212,264.25 approx for 100 Qty
Status
Active
1
reply
Reply
GOLD 05FEB20 FUT
Type
Buy
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,600
Price@Trade
₹40,616
Target Price
₹41,200
Stop Price
₹40,000
Valid Till
Feb 5, 2020 11:45 PM
Margin
₹212,134.25 approx for 100 Qty
Status
Exited
Exit Price
₹40,658
Net P&L
2.73% Profit
Like
reply
Reply (2)
Latest replies
TrackerBot @trackerbot
•
Yesterday 1:47 AM
Update
Trade Entered
Entry Price
₹40,600
The Inside Analytics @MastersOfEconomics
•
Yesterday 3:24 AM
Update
Exited
Exit Price
₹40,658
Net P&L
2.73% Profit
ASHISH SHAH
 • 
MCX:GOLD
•
Yesterday 12:52 AM
@ashishjshah • Reputation: -230
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,650
Price@Trade
₹40,638
Target Price
₹38,000
Stop Price
₹40,780
Valid Till
Feb 5, 2020 11:45 PM
Margin
₹212,239.25 approx for 100 Qty
Status
Stoploss Hit
Net P&L
-6.13% Loss
Like
reply
Reply (2)
Latest replies
TrackerBot @trackerbot
•
Yesterday 1:05 AM
Update
Trade Entered
Entry Price
₹40,650
TrackerBot @trackerbot
•
Yesterday 1:32 AM
Update
Stoploss Hit
StopLoss
₹40,780
M
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,665
Price@Trade
₹40,665
Target Price
₹40,500
Stop Price
₹40,720
Valid Till
Jan 27, 2020 11:45 PM
Margin
₹212,239.25 approx for 100 Qty
Status
Exited
Exit Price
₹40,675
Net P&L
-0.47% Loss
1
reply
Reply (1)
Latest replies
MagicDayTrading @magicdaytrading
•
Yesterday 1:14 AM
Update
Exited
Exit Price
₹40,675
Net P&L
-0.47% Loss
M
MCX123
 • 
MCX:GOLD
•
Yesterday 12:31 AM
@mcx123 • Reputation: 0
SELL GOLD(APR) AT 40950-41050 STOPLOSS 41111 TARGET 39168
IF STOPLOSS SAFE
CAL VALID TILL 3 APRIL 2020
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Mcx Trade
 • 
MCX:GOLD
•
Yesterday 12:25 AM
@mcx20 • Reputation: 1,519
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,650
Price@Trade
₹40,645
Target Price
₹39,900
Stop Price
₹40,750
Valid Till
Feb 3, 2020 11:45 PM
Margin
₹212,204.25 approx for 100 Qty
Status
Stoploss Hit
Net P&L
-4.71% Loss
1
reply
Reply (2)
Latest replies
TrackerBot @trackerbot
•
Yesterday 12:28 AM
Update
Trade Entered
Entry Price
₹40,650
TrackerBot @trackerbot
•
Yesterday 1:32 AM
Update
Stoploss Hit
StopLoss
₹40,750
Wall Times
 • 
MCX:GOLD
•
Yesterday 12:23 AM
@walltimes • Reputation: 2,841
Wall Times in MCX-GOLD
40668...
Gold hits 40635 from our sell 40710. Book and close. Previous loss covered fully.
1
reply
Reply
Wall Times
 • 
MCX:GOLD
•
Yesterday 12:17 AM
@walltimes • Reputation: 2,841
Wall Times in MCX-GOLD
SL hit...for a sell again around 40710. Keep SL...
40668...
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reply
Reply
Kailash Patil
 • 
MCX:GOLD
•
Yesterday 12:16 AM
@kailashpatil • Reputation: -1,249
GOLD 05FEB20 FUT
Type
Buy
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,674
Price@Trade
₹40,682
Target Price
₹40,800
Stop Price
₹40,574
Valid Till
Jan 27, 2020 11:45 PM
Margin
₹212,243 approx for 100 Qty
Status
Target Achieved
Net P&L
5.94% Profit
Like
reply
Reply (2)
Latest replies
TrackerBot @trackerbot
•
Yesterday 12:17 AM
Update
Trade Entered
Entry Price
₹40,674
TrackerBot @trackerbot
•
Yesterday 1:32 AM
Update
Target Achieved
Target
₹40,800
BUY GOLD,
@40688,T1 -40788,T2 -40988,with SL-40588*(***)*,(CMP-40688)
Regards
Active💬
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Reply
Wall Times
 • 
MCX:GOLD
•
Yesterday 12:01 AM
@walltimes • Reputation: 2,841
Wall Times in MCX-GOLD
40610
SL hit...for a sell again around 40710. Keep SL 40765.
Target 40550.
1
reply
Reply
The Inside Guy in MCX-GOLD
GOLD 05FEB20 FUT
Trade entered: Buy GOLD 05FEB20 FUT @40636 Targ...
40710 (+70) profit 3000/-
*risky target* 🔥🔛
Maint ain your risk
1
reply
Reply (1)
Latest replies
The Inside Guy @Technicalcasinoclub
•
Yesterday 4:00 AM
*Correction profit happend was 7k*
The Inside Guy in MCX-GOLD
GOLD 05FEB20 FUT
Trade entered: Buy GOLD 05FEB20 FUT @40636 Targ...
40700 (+60) may book profit 6000/-
*target* 🔥🔛
Like
reply
Reply
The Inside Guy in MCX-GOLD
GOLD 05FEB20 FUT
Trade entered: Buy GOLD 05FEB20 FUT @40636 Targ...
40670(+35) 1:1
Low risk may book 3500 profit
*target* 💘 Onn
Like
reply
Reply
GOLD 05FEB20 FUT
Type
Buy
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,636
Price@Trade
₹40,636
Target Price
₹40,870
Stop Price
₹40,610
Valid Till
Jan 27, 2020 11:45 PM
Margin
₹212,203 approx for 100 Qty
Status
Stoploss Hit
Net P&L
-1.23% Loss
Target 2 41175
Like
reply
Reply (1)
Latest replies
TrackerBot @trackerbot
•
Yesterday 12:58 AM
Update
Stoploss Hit
StopLoss
₹40,610
Sell Goldm below 40610
SL 40680
Target 45560/40510/40400
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reply
Reply
Wall Times
 • 
MCX:GOLD
•
Yesterday 11:23 PM
@walltimes • Reputation: 2,841
Wall Times in MCX-GOLD
Sell gold below 40630 for 40500. Keep SL 40705.
40610
1
reply
Reply
Wall Times
 • 
MCX:GOLD
•
Yesterday 11:12 PM
@walltimes • Reputation: 2,841
Wall Times in MCX-GOLD
Wait for activation.
Active
Like
reply
Reply
Wall Times
 • 
MCX:GOLD
•
Yesterday 11:12 PM
@walltimes • Reputation: 2,841
Wall Times in MCX-GOLD
Sell gold below 40630 for 40500. Keep SL 40705.
Wait for activation.
Like
reply
Reply
Wall Times
 • 
MCX:GOLD
•
Yesterday 11:11 PM
@walltimes • Reputation: 2,841
Sell gold below 40630 for 40500. Keep SL 40705.
Like
reply
Reply
Ashish Tiwari
 • 
MCX:GOLD
•
Yesterday 10:49 PM
@sifm • Reputation: 2,022
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,690
Price@Trade
₹40,689
Target Price
₹40,545
Stop Price
₹40,750
Valid Till
Jan 27, 2020 11:45 PM
Margin
₹212,258 approx for 100 Qty
Status
Exited
Exit Price
₹40,656
Net P&L
1.6% Profit
1
reply
Reply (2)
Latest replies
TrackerBot @trackerbot
•
Yesterday 10:50 PM
Update
Trade Entered
Entry Price
₹40,690
Ashish Tiwari @sifm
•
Yesterday 1:06 AM
Update
Exited
Exit Price
₹40,656
Net P&L
1.6% Profit
H
Harish
 • 
MCX:GOLD
•
Yesterday 10:33 PM
@harishm • Reputation: -4,354
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,671
Price@Trade
₹40,671
Target Price
₹40,222
Stop Price
₹40,888
Valid Till
Jan 28, 2020 11:45 PM
Margin
₹212,246.75 approx for 100 Qty
Status
Exited
Exit Price
₹40,680
Net P&L
-0.42% Loss
Like
reply
Reply (1)
Latest replies
Harish @harishm
•
Yesterday 1:21 AM
Update
Exited
Exit Price
₹40,680
Net P&L
-0.42% Loss
R
Ram
 • 
MCX:GOLD
•
Yesterday 10:29 PM
@ram-Hy-g9DlB4 • Reputation: 4,337
Ram in MCX-GOLD
Gold buy 40520/30 SL 40400 Tgt 40750/950/41000/...
40763 fast tgt hit ,✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✌️✌️✌️✌️✌️✌️☝️☝️☝️
Like
reply
Reply
VIVANTA MCX
 • 
MCX:GOLD
•
Yesterday 10:03 PM
@vivanta • Reputation: -442
GOLD 05FEB20 FUT
Type
Buy
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,720
Price@Trade
₹40,720
Target Price
₹40,866
Stop Price
₹40,600
Valid Till
Jan 27, 2020 11:45 PM
Margin
₹212,308 approx for 100 Qty
Status
Stoploss Hit
Net P&L
-5.65% Loss
Like
reply
Reply (1)
Latest replies
TrackerBot @trackerbot
•
Yesterday 11:22 PM
Update
Stoploss Hit
StopLoss
₹40,600
Wall Times
 • 
MCX:GOLD
•
Yesterday 10:02 PM
@walltimes • Reputation: 2,841
Wall Times in MCX-GOLD
Above 40620 gold might hit 40700++.
40763....view closed. If someone worked on it. Let us know.
1
reply
Reply
Wall Times
 • 
MCX:GOLD
•
Yesterday 10:01 PM
@walltimes • Reputation: 2,841
Wall Times in MCX-GOLD
40730
40763
Like
reply
Reply
Wall Times
 • 
MCX:GOLD
•
Yesterday 10:00 PM
@walltimes • Reputation: 2,841
Wall Times in MCX-GOLD
40680 so far
40730
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reply
Reply
The Inside Guy in MCX-GOLD
GOLDM 05FEB20 FUT
Trade entered: Buy GOLDM 05FEB20 FUT @40505 Tar...
Target hits +170 🤩🤩💘
1
reply
Reply
The Inside Guy in MCX-GOLD
Gold resistance 40724
गोल्ड वाले भैया मेरा रेसिस्टेंट आ गया।।। 😂😂 40724
1
reply
Reply
Brindha
 • 
MCX:GOLD
•
Yesterday 9:36 PM
@Tamilrockers • Reputation: 7,526
GOLD 05FEB20 FUT
Type
Sell
Instrument
GOLD 05FEB20 FUT
Entry Price
₹40,720
Price@Trade
₹40,714
Target Price
₹40,302
Stop Price
₹40,998
Valid Till
Jan 27, 2020 11:45 PM
Margin
₹212,323 approx for 100 Qty
Status
Exited
Exit Price
₹40,642
Net P&L
3.67% Profit
All the best
Like
reply
Reply (4)
Latest replies
Alam @alam-rJGiX2SqV
•
Yesterday 9:39 PM
Risky call
TrackerBot @trackerbot
•
Yesterday 9:50 PM
Update
Trade Entered
Entry Price
₹40,720
Brindha @Tamilrockers
•
Yesterday 11:08 PM
Update
Exited
Exit Price
₹40,642
Net P&L
3.67% Profit
Brindha @Tamilrockers
•
Yesterday 2:09 AM
R
Ram
 • 
MCX:GOLD
•
Yesterday 9:25 PM
@ram-Hy-g9DlB4 • Reputation: 4,337
Ram in MCX-GOLD
Gold buy 40520/30 SL 40400 Tgt 40750/950/41000/...
40701 ✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️
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reply
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  • MCX:GOLD PRICE - 05FEB2020

    keyboard_arrow_down
    DateJan 27
    Open40,500
    High40,810
    Low40,480
    Previous Close40,595
    Volume13,926

  • MCX:GOLD PRICE - 03APR2020

    keyboard_arrow_down
    DateJan 27
    Open40,701
    High40,885
    Low40,622
    Previous Close40,671
    Volume4,088

  • MCX:GOLD PRICE - 05JUN2020

    keyboard_arrow_down
    DateJan 27
    Open40,790
    High40,970
    Low40,750
    Previous Close40,768
    Volume720

  • MCX:GOLD - Recent News

    keyboard_arrow_down
    NewsBot
    Oct 1 4:53 PM
    Gold rate today: Gold, silver trade lower; technicals project gold sliding further
    The Economic Times
    NewsBot
    Sep 30 6:21 PM
    Commodity Outlook: How gold, oil, base metals and agri commodities may trade today
    The Economic Times
    NewsBot
    Sep 30 6:15 PM
    Gold prices dip as fears of widening trade war ease
    The Economic Times
    NewsBot
    Aug 12 4:33 PM
    Hedge funds go all in on gold
    economictimes.indiatimes.com
    NewsBot
    Aug 7 6:59 PM
    Gold Rate Today: Gold prices surge as US-China trade tensions drag
    economictimes.indiatimes.com
    NewsBot
    Aug 6 7:03 PM
    Gold Rate Today: Gold declines on rising equities, fall in spot demand
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  • MCX:GOLD - More Information

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    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,
    1. Above ground supply of gold from central bank sales, reclaimed scrap and official gold loans.
    2. Protection against volatility and uncertainty. In India, buying gold is considered to be a safe option when the other assets start losing their value.
    3. In India, culture, tradition and seasons like harvesting influences, the demand for gold.
    4. 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.
    5. 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%.
    Why join the MCX Gold Frontpage forum?
    • MCX GOLD forum is all about discussions related to Gold rate, trading strategies, market information, and latest news related to MCX GOLD.
    • You can find MCX Gold Live Charts shared by experts.
    • You can also follow the 'Newsbot' account of FrontPage for finding the MCX Gold rate and all the latest share market news (Moneycontrol, Economictimes, Business Standard, Livemint) related to Gold and all other stocks.
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