Precious Metals & BullionMCX (Multi Commodity Exchange of India)
24K Gold (MCX Spot & Futures)
Authentic Real-Time MCX Quotation (per 10 Grams (24K 999 Purity))
₹1,43,450.00++₹0.00 (+0.00%)
Market Hours: 09:00 AM - 11:30 PM / 11:55 PM IST•Tick: ₹1.00 per 10 Grams
Price Movement Trend
Official MCX Contract Specifications & Lot Sizes
Standard Contract Lot1 KG (1000 Grams)
Mini / Micro Contract Size100 Grams (Gold Mini) / 8 Grams (Guinea) / 1 Gram (Petal)
Minimum Tick Size₹1.00 per 10 Grams
Estimated Trading Margin9% - 10% (Approx ₹1,30,000 for Gold Mini)
Exchange & Trading WindowMCX (Multi Commodity Exchange of India)
Benchmark Grade & Purity24 Karat 99.9% Pure Fine Gold
Description: Gold is the definitive global safe-haven asset, sovereign monetary hedge, and store of generational purchasing power. India represents the second-largest consumer of physical gold bullion worldwide.
Growth Catalysts & Bullish Drivers
- Central bank gold accumulation at multi-decade highs (RBI, PBOC, European Central Banks)
- Global rate-cutting cycles lowering real yields and boosting non-yielding bullion demand
- Geopolitical safe-haven flows during international conflicts and trade de-dollarization
- Domestic Indian wedding & festival demand maintaining strong physical cash support
Downside Risks & Volatility Factors
- Sharp increases in real interest rates strengthening the US Dollar Index (DXY)
- Import duty adjustments by the Ministry of Finance altering local landed premiums