Gold Petal Rate(Expiry: 05-Mar-2021 | Exchange: MCX | Head: Precious Metals)
05.15PM IST | 10 Aug, 2020
- 5625.00Per 1 GRMS
- Prv. Close5595.00
- Average Price (Rs/1 GRMS ):5614.55
- Open Interest (Contracts):1585
- Open Interest Change %:-2.10%
- Best Buy Price (Rs/QTY):5605.00/1
- Lot Size:1
- Tick Size:100
- Best Sell Price (Rs/QTY):5625.00/1
GOLD PETAL News
10 Aug, 2020, 03.49 PM
India has reported over 22 lakh Covid-19 cases by now with more than 44,400 deaths. Gold tends to gain when interest rates are low and political and economic uncertainties are high.
10 Aug, 2020, 08.40 AM
SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell 0.46% to 1,262.12 tonnes on Friday.
10 Aug, 2020, 08.34 AM
The RBI raised the LTV on gold loans for banks last Thursday to 90 per cent from 75 per cent. The move is aimed at helping cash-strapped borrowers access more funds against pledged gold amid a surge in the price of the yellow metal.
8 Aug, 2020, 09.55 AM
Spot gold fell 1.4% to $2,033.89 per ounce by 2:46 p.m. EDT (1846 GMT), after hitting a record high of $2,072.50.
7 Aug, 2020, 06.34 PM
Gold prices rose by Rs 225 to Rs 56,590 per 10 gram in the national capital on Thursday, in line with a strong rally in international price of the precious metal, according to HDFC Securities.
6 Aug, 2020, 09.23 PM
Loss of business and demand slump due to the coronavirus outbreak has not only dried up cash stream for jewellers but also left them with unsold inventory.
7 Aug, 2020, 08.34 AM
Grapevine has it that residents who purchased gold and silver jewellery, and bars and coins at huge premiums post demonetisation on November 8, 2016 have got an exit with gold hitting record highs.
6 Aug, 2020, 02.21 PM
Shipments in July showed the first year-on-year increase in 2020. Still, that may not be enough to compensate for the 79% fall in imports in the first half of 2020.
7 Aug, 2020, 09.03 AM
A gold loan is a loan against gold. It is a secured loan where gold articles such as gold jewellery, bullion etc. are taken as collateral by the lending bank/NBFC. The loan is given to the borrower against this gold as collateral.
6 Aug, 2020, 06.19 PM
Globally, gold prices held steady near record highs on Thursday as a weaker U.S. dollar and hopes of more stimulus measures to mitigate the economic fallout from the pandemic underpinned the metal's safe-haven appeal.
Hot/Cold Gold Contract
GOLD PETAL (MCX)
30 October 2020
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GOLD PETAL Contract Details (2020-10-30) Exchange: MCX
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