Goldten Price Today
Goldten Price Performance
Day Range
- Today's Low 1,41,655
- Today's High 1,42,932
|
Open Price |
1,42,583 |
|
Previous Close |
1,42,052 |
|
Volume |
887 Cr |
|
Lot size |
10 |
Goldten FAQs
What is the price of Goldten Today?
The Price of Goldten in MCX is 1,42,707.00.
How to Trade in Goldten?
Open Demat Account with 5paisa to trade in Goldten.
What is the price of Gold Ten today?
Open 5paisa on app or web during MCX hours. Navigate to metals, then Gold Ten. You'll see live bid and ask prices. Historical charts display today's price action alongside weekly and longer-term trends. All prices are real-time MCX quotes.
How to Trade in Gold Ten?
Open a commodity account with 5paisa and complete KYC verification. Link your bank account and deposit funds. Use the mobile app or web platform to navigate to Gold Ten. Select your contract month—near-month typically has the highest volume. Review the lot size, tick size, and required margin before proceeding. Decide whether you're taking a long or short position. Enter your position size. Choose between market execution (immediate, at best available price) or limit order (waits for your specified price). Confirm. Your position opens and appears in your portfolio immediately. Monitor it during the trading day. Exit by placing the opposite order when you reach your target or hit your stop-loss. Settlement occurs automatically after market close.
What is MCX Gold Ten?
A standardized futures contract on MCX for gold. Each contract represents 10 grams. You control this position using margin collateral. Settlement is cash-based—you never take physical delivery. Positions mark-to-market daily, updating your profit or loss in real-time. You can hold until expiry or exit during any trading session. The contract trades only during MCX hours.
What is the lot size for MCX Gold Ten?
The lot size for Gold Ten is 10 grams. Multiplying this by the current spot gold price gives you the notional value of one contract. Your margin requirement is then a percentage of that notional value. You trade in whole contract increments only; fractional lots are not available. Check 5paisa for exact current specifications, as exchange lot sizes occasionally adjust.
How is MCX Gold Ten different from MCX Gold?
The primary distinction is contract size. Full gold contracts control significantly more grams and require higher margin deposits. Gold Ten is scaled smaller, reducing capital requirements while maintaining adequate position size for active trading. Both respond identically to the same price drivers. Volatility percentage is identical. Leverage effects are comparable proportionally. The leverage ratio differs only because the notional value per contract is smaller. Your selection should reflect your capital availability and preferred position magnitude.
Why does the gold price change daily?
US dollar movements create inverse pressure on gold prices. Strong dollar makes gold expensive for international buyers, suppressing demand. Interest rate expectations influence financial flows into commodities. Central bank policy decisions from the Fed, RBI, or ECB reshape investor expectations simultaneously. Inflation data releases trigger reallocation decisions. Geopolitical tensions create safe-haven demand spikes. Indian rupee movement creates local price effects independent of global prices. Seasonal demand cycles around festivals and wedding seasons create predictable patterns. Financial traders placing directional bets based on technical levels add speculative volume. Supply disruptions from major producing regions create temporary shocks. These factors interact continuously, explaining why prices move constantly throughout each trading session.
What are MCX trading hours for gold?
MCX conducts gold trading Monday through Friday. Standard session opens at 9:15 AM IST and closes in the afternoon. Exact closing times vary slightly by month; verify current hours on 5paisa's trading calendar. Markets are closed on weekends and Indian holidays. Trading does not occur outside MCX hours. Overnight activity in London and US markets occurs while MCX is closed, sometimes creating gap openings at the next session. Weekend geopolitical developments can produce significant gap moves at Monday open. Consider setting stop-losses before market close if you maintain overnight positions.
What is the margin required to trade MCX Gold Ten?
MCX sets both initial and maintenance margin requirements. Initial margin is what you deposit to open a position. Maintenance margin is the minimum balance required to keep a position open. Both requirements fluctuate based on market volatility. Higher volatility triggers higher margin requirements; calmer markets see lower requirements. You'll see exact margin requirements displayed on 5paisa's order entry screen before confirming any trade. If your account balance falls below maintenance margin due to losses, positions are forcibly liquidated to protect both your account and the clearing system.
Can I trade Gold Ten on the 5paisa app?
Yes. Gold Ten is available on both the 5paisa mobile app and web platform. Mobile navigation follows: Commodities → Metals → Gold Ten. Select your desired contract month. Enter your position parameters and submit your order. The mobile app maintains reliability during normal MCX hours. Desktop access is also available if you prefer that interface.