Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The futures of both precious metals on MCX are expected to rally more

Bullion Cues: Gold and silver looking up

Gold is seen as a hedge against inflation, which rising rates aim to tackle, thereby diminishing the metal’s appeal. Higher interest rates also make other assets more attractive compared with non-interest-bearing bullion.

Gold rate today: Yellow metal eases after a run-up; silver tops Rs 65,000 on MCX

The Multi Commodity Exchange (MCX) data shows that gold futures that are set to mature on 3 February 2023, dropped 0.12 percent to Rs 53,828.00. Silver futures, which will mature on 3 March next year, rose 0.01 percent to Rs 65,417.00

Gold price today: 10 grams of 24-carat rises to Rs 53,730; silver at Rs 64,000 per kilo

Gold rate today: Yellow metal tops 2 week high, silver zooms 2% to hit Rs 64,000 on MCX

On MCX India, gold futures traded at Rs 52,999 at 12:15 PM, recording a positive movement of 0.03 per cent.

Gold Rates on November 30: Check Prices of Gold And Silver Today in Delhi, Mumbai and Other Cities

Gold rate today: Yellow metal holds Rs 53,000 on MCX; silver trades flat

The MCX Crude Oil December futures could test Rs 7,100-level on the upside as long as the commodity manages to sustain above the 100-WMA support.

Key support for MCX Crude Oil near Rs 6,200; Natural Gas may consolidate

Gold rate today: Yellow metal slips below Rs 53,000 on MCX; silver posts sharp gains

The contract has drifted down from a high of ₹215 over the last couple of weeks

MCX Aluminium – Go short for now

Gold rate today: Yellow metal slips to clutch Rs 53,000 on MCX; silver declines sharply

The Rs 51,865-level is the 20-DMA for MCX Gold, below which the next major support is seen at Rs 51,050.

Support for MCX Gold seen at Rs 51,865; Silver may dip to Rs 59,000-level

Multi Commodity Exchange of India Limited is a commodity derivatives exchange. The Company facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management. The Company's product segments include bullion, energy, agricultural basket, base metals and index futures. Its flagship index series, MCX iCOMDEX, is a series of real-time commodity futures price indices, which give information on market movements in key commodities/ segments traded on the exchange. The MCX iCOMDEX series consists of a composite index, apart from three sectoral indices, such as the Base Metal index, the Bullion index and the Energy index, and also nine single-commodity indices, such as Gold, Silver, Aluminum, Copper and Lead, among others. Its subsidiary, Multi Commodity Exchange Clearing Corporation Limited, provides collateral management and risk management services, along with clearing and settlement of trades executed on the exchange.

Multi Commodity Exchange of India Ltd

Multi Commodity Exchange of India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Bullion Cues: Gold and silver looking up

Gold rate today: Yellow metal eases after a run-up; silver tops Rs 65,000 on MCX

Gold price today: 10 grams of 24-carat rises to Rs 53,730; silver at Rs 64,000 per kilo

Gold rate today: Yellow metal tops 2 week high, silver zooms 2% to hit Rs 64,000 on MCX

Gold Rates on November 30: Check Prices of Gold And Silver Today in Delhi, Mumbai and Other Cities

Gold rate today: Yellow metal holds Rs 53,000 on MCX; silver trades flat

Key support for MCX Crude Oil near Rs 6,200; Natural Gas may consolidate

Gold rate today: Yellow metal slips below Rs 53,000 on MCX; silver posts sharp gains

MCX Aluminium – Go short for now

Gold rate today: Yellow metal slips to clutch Rs 53,000 on MCX; silver declines sharply

Multi Commodity Exchange of India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Bullion Cues: Gold and silver looking up

Gold rate today: Yellow metal eases after a run-up; silver tops Rs 65,000 on MCX

Gold price today: 10 grams of 24-carat rises to Rs 53,730; silver at Rs 64,000 per kilo

Gold rate today: Yellow metal tops 2 week high, silver zooms 2% to hit Rs 64,000 on MCX

Gold Rates on November 30: Check Prices of Gold And Silver Today in Delhi, Mumbai and Other Cities

Gold rate today: Yellow metal holds Rs 53,000 on MCX; silver trades flat

Key support for MCX Crude Oil near Rs 6,200; Natural Gas may consolidate

Gold rate today: Yellow metal slips below Rs 53,000 on MCX; silver posts sharp gains

MCX Aluminium – Go short for now

Gold rate today: Yellow metal slips to clutch Rs 53,000 on MCX; silver declines sharply

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock