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Gold

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How much margin is applicable & what is the daily price limit on Gold trading in the exchanges?

On MCX in India, initial margin of 4% is charged. In case of additional volatility, a special margin at such percentage(as deemed fit) will be imposed immediately on both the buy side and the sell side in respect of all outstanding positions, which will remain in force for next two days. After which, the special margin will be relaxed. On MCX, the daily price limit is 3%.In case if base price daily limit is cracked the relaxation will be allowed upto 6% .In case of daily price limit of 6% is also crossed then it will be relaxed upto 9%.

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