Diabytes
Multi Commodity Exchange News
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The sharp rally in domestic prices mirrored international trends, where spot gold also hit a new all-time high of $3,384 per ounce.
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Globally, gold futures increased nearly 2 per cent to hit a lifetime high of USD 3,240.20 per ounce in New York.
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On the Multi Commodity Exchange (MCX), gold contracts for June delivery traded higher by Rs 695 or 0.8 percent at Rs 87,623 per 10 grams in a business turnover of 14,966 lots.
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On the Multi Commodity Exchange, gold contracts for June delivery traded lower by Rs 154 or 0.17 per cent to Rs 90,721 per 10 grams in a business turnover of 18,583 lots.
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On the Multi Commodity Exchange, the yellow metal contracts for June delivery hit a record high of Rs 91,400 per 10 grams in early trade.
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Adding further, expectations of interest rate cuts by major central banks, including the US Federal Reserve, have made gold more attractive.
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On the Multi Commodity Exchange (MCX), gold futures for April 4 expiry touched an all-time high of Rs 85,384 per 10 grams in early trade.
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Meanwhile, in futures trade on the Multi Commodity Exchange (MCX), gold contracts for February delivery rose Rs 146 or 0.19 per cent to trade at Rs 76,833 per 10 grams.
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This year, gold prices have surged to record highs on both the COMEX and domestic markets, yielding over 30 per cent growth year-to-date.
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In the Asian trading hours, Comex gold was trading 0.06 per cent higher at USD 2,669.60 per ounce.
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On the Multi Commodity Exchange, gold contracts for February delivery traded higher by Rs 431.
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In December, there's just one holiday to note, and that's on Christmas, which falls on December 25. So, the Indian equity market will be closed for a total of three days in October, including the weekend, as it was also closed on October 2 for Gandhi Jayanti.
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Copper futures on Monday fell Rs 3 to Rs 670.15 per kilogram.
Zinc prices on Monday fell by 1.28 per cent to Rs 266.65 per kilogram in the futures trade.
Cottonseed oil cake prices on Monday rose by Rs 26 to Rs 2,679 per quintal in futures trade.
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Gold futures contract on the MCX closed at Rs 51,694 per 10 gm on Friday.
Gold prices also rebounded in volatile trading on Friday in international markets.
Gold jewellery purchases come with additional costs such as manufacturing charges, GST, TCS, and other taxes.
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After two years of wait, Multi Commodity Exchange (MCX) finally saw new Managing Director and CEO, Mrugank Paranjape, join the office on Monday.
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Gold prices rose by Rs 78 to Rs 28,663 per 10 grams in futures trading today as speculators enlarged their positions amid a firming trend overseas.
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Gold prices were down by Rs 46 to Rs 28,697 per 10 grams in futures trade today as participants cut down their holdings, largely in line with a weak trend overseas.
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Crude oil futures dropped by Rs 10 to Rs 2,623 per barrel today as speculators cut down their bets amid a weakening trend in Asian trade.
At the Multi Commodity Exchange, gold for delivery in April shed Rs 43, or 0.15 percent, to Rs 28,898 percent 10 grams, in a business turnover of 888 lots.
Gold regained Rs 25,000 per kg level in futures trade as speculators indulged in covering-up of their short positions after the precious metal rebounded from in the global markets.
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