MCX Gold, a key commodity traded on the Multi Commodity Exchange of India, has seen significant activity recently. As of August 11, 2026, the last trading price was ₹153,732 per kilogram, reflecting a change of ₹633 or 0.41% from the previous session. The trading session opened at ₹153,099 and reached a high of ₹155,437, indicating a volatile market environment.
Market Trends and Influences
The price movements of MCX Gold are influenced by various factors, including global gold prices, currency fluctuations, and domestic demand. For instance, the recent high of ₹155,446 and low of ₹153,220 within the trading session highlights the ongoing volatility in the market.
Trading Specifications
MCX Gold futures contracts are standardized, with each contract representing 1 kilogram of gold. The trading unit is quoted in Indian Rupees per 10 grams, and the minimum order size is 10 kilograms. The trading hours for MCX Gold are from 10:00 a.m. to 11:30 p.m. IST, Monday through Friday, allowing for significant trading opportunities.
Recent Performance
In the past month, MCX Gold has shown resilience, with a recent high of ₹153,197, which is an increase of ₹535 from previous levels. This performance is indicative of the ongoing demand for gold as a safe-haven asset amidst economic uncertainties.
Conclusion
MCX Gold remains a critical component of India’s financial markets, reflecting both domestic and international trends. As traders and investors navigate the complexities of the gold market, understanding these recent developments is essential for making informed decisions.
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