MCX operates from Monday to Friday and is closed on weekends. It may be closed on federal holidays. To obtain more exact information, you can visit the official website or check notice boards at an exchange.

2. What is the daily spot rate?

The daily spot rate is the price quoted at the end of each trading day for a commodity or asset. This rate serves as a benchmark for transactions and brings to the books the closing market conditions for that day.

3. Which is better, MCX or NCDEX?

MCX and NCDEX belong to two different types of markets. They also deal with two completely different varieties of commodities. While MCX is somewhat inclined towards metal and energy, NCDEX has specialisations in agricultural products. The right one depends on what a trader feels like focusing on and what varieties of commodities they are interested in trading.

4. How is the spot price determined?

The spot price is established based on the levels of demand and supply in the market. Fluctuations are caused by varied factors like production levels, geopolitical events, and the release of economic data.

5. Why is the spot price important?

The spot price provides a benchmark from which any subsequent future contracts and options are priced. It gives an idea of the prevailing market perceptions about an asset, especially its value, and, therefore, helps traders make decisions on whether to trade instantly or subsequently.

6. Why is the spot price lower compared to the future price?

The spot price might be less than the futures price because of carrying costs (storage, insurance, and financing), expectations of future price rises, or supply shortages that are expected to occur in the near future. Such a condition is known as contango, which is revealed if the market expects prices to rise in the future.

Live Spot Prices : Get Live NCDEX, MCX, Gold & Silver Prices

Commodity	Place	Current Value	Change	Change(%)
Aluminium_New ALUMINIUM	Bhiwandi	121.80	0.00	0.00
Bajra BAJRA	Delhi	2,585.40	0.25	0.01
Bajra BAJRADELHI	Delhi	2,525.00	0.00	0.00
Bajra BAJRAJPR	Jaipur	1,435.00	0.00	0.00
Barley BARLEYJPR	Jaipur	2,425.00	14.60	0.61
Castor CASTOR	Deesa	6,393.25	19.30	0.30
Castor Seed CASTORKDI	Kadi	6,400.00	45.00	0.71
CASTOROIL CASTOROIL	KANDLA	1,297.90	3.35	0.26
Chana - Bikaner CHANA	Bikaner	6,000.00	0.00	0.00
Chana CHANAAKL	Akola	5,900.00	[100]	[1.67]
Chana CHARJDDEL	New Delhi	6,124.80	24.65	0.40
Chilli 334 GTR CHLL334GTR	Guntur	5,600.00	0.00	0.00
Cotton Seed OilCake COCUDAKL	Akola	2,748.75	1.20	0.04
Cotton Seed oilcake COCUDCKDI	Kadi	2,740.85	30.90	1.14
COFFEE COFFEE	KUSHALNAGAR	47,300.00	0.00	0.00
Copper COPPER	Mumbai	405.30	0.00	0.00
Cotton 29 MM COTTON	Rajkot	25,251.10	[86.70]	[0.34]
Cotton COTTONKADI	Kadi	25,170.20	[167.30]	[0.66]
COTWASOIL COTWASOIL	KADI	1,223.55	5.85	0.48
CPO CPO	Kandla	1,263.05	8.05	0.64
Crude Palmolein Oil CRDPOLKAK	Kakinada	1,245.00	15.00	1.22
Coriander DHANIYA	Kota	7,772.75	20.35	0.26
Coriander DHANIYAJPR	Jaipur	7,850.00	0.00	0.00
Coriander DHANIYAKOT	Kota	7,887.30	36.00	0.46
Gold Pure Mumbai KG. GLDPURMUMK	Mumbai	29,700.00	0.00	0.00
Groundnut Expeller Oil GNOEXPRKT	Rajkot	866.90	0.00	0.00
Groundnut In Sheel GNSHELJNG	Junagadh	710.00	0.00	0.00
Gold GOLD	Ahmedabad	32,596.00	0.00	0.00
Gold 100 GOLD100	Ahmedabad	32,596.00	0.00	0.00
Gold Hedge 100 GOLDH100	Ahmedabad	29,663.00	0.00	0.00
Gold Hedge GOLDHEDGE	Ahmedabad	29,663.00	0.00	0.00
GROUNDNUT GROUNDNUT	BIKANER	5,022.50	25.95	0.52
Guar Seed 1 MT GUAR1MT	Jodhpur	4,450.00	0.00	0.00
Guarseed GUAR2MT	Jodhpur	4,450.00	0.00	0.00
GuarGum GUARGUM	Jodhpur	9,000.00	0.00	0.00
Guar Gum5 GUARGUM5	Jodhpur	10,285.00	105.30	1.03
Guarseed GUARSEDBKN	Bikaner	5,290.00	40.00	0.76
Guarseed10 GUARSEED10	Jodhpur	5,347.25	34.80	0.66
GUR GUR	MUZAFFARNAGAR	1,425.85	1.45	0.10
GUR_NEW GURCHMUZR	Muzaffarnagar	1,068.40	0.00	0.00
ISABGOL ISABGOL	UNJHA	13,000.00	[250]	[1.89]
Jeera JEERAJDR	Jodhpur	22,550.00	[25]	[0.11]
JEERAMINI JEERAMINI	UNJHA	21,514.50	[250.70]	[1.15]
Jeera JEERAUNJHA	Unjha	21,514.50	[250.70]	[1.15]
Raw Jute JUTRAWKOL	Kolkotta	6,650.00	[25]	[0.37]
Kachhi Ghani Mustard Oil KACHIGHANI	Jaipur	1,275.00	[5]	[0.39]
Kapas KAPAS	Rajkot	1,404.85	4.70	0.34
Kapas KAPASKDI	Kadi	1,410.90	[1.30]	[0.09]
Kapas KAPASSRNR	Surendranagar	868.00	0.00	0.00
Lead LEAD	Mumbai	132.00	0.00	0.00
Maize Industrial MAIZE	Nizamabad	2,375.00	[25]	[1.04]
Maize Industrial MAIZECHIND	Chhindwara	2,375.00	[25]	[1.04]
Maize MAIZEDEL	Delhi	2,525.00	0.00	0.00
Maize Kharif MAIZEKHRF	Nizamabad	2,420.00	[20]	[0.82]
Maize Khrif MAIZEKHRIF	Erode	2,525.00	[2.35]	[0.09]
Maize Rabi MAIZERABI	Nizamabad	2,685.00	0.00	0.00
Maize South MAIZESOUTH	Nizamabad	2,530.00	10.00	0.40
Moong MOONG	Merta City	8,000.00	0.00	0.00
Masoor Bold MSRBLDIDR	Indore	5,950.00	0.00	0.00
Nickel_New NICKEL	Bhiwandi	826.75	0.00	0.00
Paddy Basmati PADDYKOTA	Kota	2,792.80	0.00	0.00
Paddy Basmati PADDYKRNL	Karnal	4,400.00	0.00	0.00
Paddy (Basmati) – Pusa 1121 PADYPB1121	Karnal	3,175.00	[25]	[0.78]
PEPPER PEPPER	Kochi	68,292.00	[268.50]	[0.39]
RBD Palmolein RBDPLNKAK	Kakinada	1,320.00	20.00	1.54
Rubber_New RBRRS4KOC	Kochi	19,250.00	[50]	[0.26]
Rapeseed Mustard seed oilcake RMCAKE	Jaipur	2,100.00	0.00	0.00
Rape Mustard Oil Expeller RMOEXPGNR	Sriganganagar	1,250.00	[5]	[0.40]
Rape Mustard Seed RMSEED	Jaipur	6,100.70	5.95	0.10
Rape Mustard Seed RMSEEDALW	Alwar	6,000.00	25.00	0.42
Soymeal SBMEALIDR	Indore	32,183.50	433.50	1.37
Sesameseed SESAMESEED	Rajkot	12,600.00	[300]	[2.33]
Shankar Kapas SHANKRKPAS	Rajkot	1,179.70	0.00	0.00
Silver SILVERH5	Ahmedabad	34,224.00	0.00	0.00
Silver SILVERHEDG	Ahmedabad	34,224.00	0.00	0.00
Silver International SILVERINTL	Ahmedabad	37,572.00	0.00	0.00
Soyabean Meal SOYAMEAL	Indore	27,983.60	233.60	0.84
STEEL STEEL	MANDIGOBINDGARH	42,600.00	0.00	0.00
Sugar (M Grade) SUGARM	Kolhapur	3,825.00	45.00	1.19
Sugar medium grade SUGARMDEL	Delhi	4,050.00	10.00	0.25
Sugar medium grade SUGARMERD	Erode	3,945.00	0.00	0.00
Sugar medium grade SUGARMKOL	Kolkatta	4,188.10	92.85	2.27
Sugar medium grade SUGARMKPR	Kanpur	4,263.85	52.40	1.24
M Grade Sugar SUGARMMZR	Muzaffarnagar	4,060.00	[40]	[0.98]
Sugar (S Grade) SUGARS	Kolhapur	3,730.00	30.00	0.81
Sugar s grade SUGARSERD	Erode	3,845.00	0.00	0.00
S Grade Sugar - Vashi SUGARSVSH	Vashi	3,600.00	0.00	0.00
SUNOIL SUNOIL	EX-TANK CHENNAI	1,285.10	14.95	1.18
Crude Sunflower Oil SUNOILKDL	Kandla	1,285.00	10.00	0.78
Soybean SYBEANAKL	Akola	4,343.00	75.75	1.78
Soyabean SYBEANIDR	Indore	4,343.70	28.00	0.65
Soybean SYBEANKOT	Kota	4,444.00	[25.25]	[0.56]
Soybean SYBEANNGR	Nagpur	4,380.90	[12.60]	[0.29]
Degummed Soy Oil SYODEGUM	Kandla	717.25	0.00	0.00
Refined Soy Oil SYOREF	Indore	1,253.35	10.40	0.84
Refined Soy Oil SYOREFKDL	Kandla	1,243.65	3.65	0.29
Refined Soy oil SYOREFMUM	Mumbai	1,270.00	10.00	0.79
Refined Soy oil SYOREFNGR	Nagpur	1,268.75	13.75	1.10
Turmeric TMCFGRNZM	Nizamabad	13,372.90	37.20	0.28
Turmeric Farmer Polished TMCFPLNZM	Nizamabad	8,475.00	0.00	0.00
Turmeric UnPolished TMCFUPNZM	Nizamabad	12,475.90	73.20	0.59
Turmeric (Rajapore) TMCRJPSGL	Sangli	15,204.30	[164.40]	[1.07]
Tur Desi TURDESAKL	Akola	4,400.00	0.00	0.00
Wheat WHEAT	Delhi	3,100.00	0.00	0.00
Wheat Faq WHEATFAQ	Delhi	3,100.00	50.00	1.64
Wheat WHTSMQIDRI	INDORE	2,962.50	18.75	0.64
Wheat WHTSMQKPRI	Kanpur	2,875.00	0.00	0.00
Wheat WHTSMQRJKT	Rajkot	2,925.00	[25]	[0.85]
YELLOWP YELLOWP	KANPUR	3,680.50	42.95	1.18
Yellow Peas YLPEASKPR	Kanpur	3,800.00	0.00	0.00
Yellow Peas YPECANMUM	Mumbai	3,350.00	50.00	1.52
Zinc_New ZINC	Bhiwandi	180.60	0.00	0.00

Live Spot Prices 03 February , 2025 | 04:50 PM

What is a Spot Price?

Relationship Between Spot Price and Future Price

Relationship Between Spot Price and Strike Price

FAQs

1. Is MCX on today?

2. What is the daily spot rate?

3. Which is better, MCX or NCDEX?

4. How is the spot price determined?

5. Why is the spot price important?

6. Why is the spot price lower compared to the future price?

MARKET

IDEAS

MUTUAL FUNDS

TRADING DOCUMENTATION

CALCULATOR

GLOSSARY (A-Z)