MCXGOLD·₹ per 10g
MCX Gold Price Today
Live MCX price · Updated in real time
₹1,48,000
▲ 0.35%
Duty-inclusive import parity
₹1,43,325₹ per 10g
MCX vs parity
+3.3%premium
Global (COMEX) gold price, converted to ₹ and duty-inclusive · Includes applicable import duty · For education only, not a trading signal
Market context
What’s moving alongside MCX
Last session’s market context, not a prediction or a causal model.Delayed · Updated 08:57 IST
Gold Intelligence
⚡ Flash·Fri, 16 Oct, 2026
Gold Mining Stocks vs MCX Gold Futures — How Closely Do They Move Together?
Understand gold mining stocks vs MCX gold futures correlation India — how COMEX prices, rupee moves, and import duty shape the relationship.
⚡ Flash·Thu, 15 Oct, 2026
How Gold Recycling and Scrap Supply Affect MCX Gold Prices in India
Understand how gold recycling scrap supply affects MCX gold prices in India through import parity, duty structures, and rupee-driven price transmission.
⚡ Flash·Wed, 14 Oct, 2026
How Gold Loan Demand Affects MCX Gold Prices in India
Understand how gold loan demand affects MCX gold price in India, from NBFC borrowing cycles to import parity and rupee conversion mechanics.
⚡ Flash·Tue, 13 Oct, 2026
Digital Gold vs MCX Gold Futures — Costs, Liquidity and Purity Compared
Digital gold vs MCX gold futures India comparison — costs, liquidity, purity, and tax treatment explained for traders, jewellers, and merchants.
⚡ Flash·Tue, 15 Sept, 2026
Why MCX Gold Trades at a Premium Over International Prices in India
Understand why MCX gold premium over international price India exists — import duty, rupee conversion, and GST explained with the exact formula.
⚡ Flash·Mon, 14 Sept, 2026
How Global Gold ETF Flows Affect MCX Gold Prices in India
Understand how ETF gold demand affects MCX gold price through COMEX transmission, import parity, rupee conversion, and India-specific duty structures.
Recent Gold Briefs
Edition #128·Friday, 16 October 2026
Gold Surges Past $4,194 as the War Trade Fully Reunites
Edition #127·Thursday, 15 October 2026
Gold Reclaims ₹147,355 as the War Trade Reunites
Edition #126·Wednesday, 14 October 2026
Oil Surges Past $95 While Gold Slips — The War Trade Is Splitting
Edition #125·Tuesday, 13 October 2026
Oil Retreats From Its Peak While Gold Holds the Line
Edition #124·Monday, 12 October 2026
War Trade Cracks: Gold Slips Even as Oil Holds Above $91
What Moves Gold
Live right now — USD/INR: ₹95.07 (-0.09%) · COMEX Gold: $4186.70 (+0.40%)
- USD strength — gold and dollar move inversely
- US real yields (10Y TIPS) — higher real rates raise opportunity cost of holding gold
- Central bank buying — especially EM central banks diversifying away from USD
- Geopolitical risk — war, sanctions, banking crises lift gold
- India import duty — government can change duty; each 1% duty change shifts MCX price ~₹1,000/10g
- Indian rupee — a weaker INR amplifies MCX gold price even when COMEX is flat
Upcoming Events for Gold
Over the last 24 CFTC Commitment of Traders (COT) Report releases, MCX Gold has moved an average of ±1.0% in the following session (maximum ±2.1%).
Demand Drivers
- Central bank reserve accumulation (China, Russia, India RBI buying since 2022)
- Indian jewellery (25% of global demand — wedding season Oct–Feb peaks)
- Gold ETFs (institutional investment flow)
- Electronics and semiconductors (industrial)
- Safe-haven demand during geopolitical or financial stress
Risk Note
MCX-COMEX spread can widen when Indian import duty changes or USD/INR moves sharply — watch basis risk.
MCX Contract Specs
Lot size1 kg (100 units of 10g)
Quoted₹ per 10g
Tick size₹1 per 10g = ₹100/lot
Contract value~₹1.5 crore at ₹1,48,000/10g
SPAN margin₹7.4–10.4 lakh
Margins are illustrative. Check your broker's SPAN calculator for live requirements.
Who Controls Supply
No single entity controls gold supply. Top producers: China 11%, Russia 10%, Australia 10%, Canada 5%. Central banks are the dominant holders.
Watch These Signals
USD/INRUS 10Y real yieldCOMEX GoldIndia CPICentral bank demand data (WGC quarterly)
Tax Treatment
Gold ETF LTCG: 12.5% after 12 months (Budget 2024). Physical gold LTCG: 12.5% without indexation after 2 years. MCX futures gains: non-speculative business income at slab rate. CTT 0.01% on sell side.
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