The gold rate in India for 24 carat (Gold 999) is at Rs 97,210 per 10 grams, fall 440.00 from its previous close. The price of 1 gram gold rate today for 24 carat gold is Rs 9,721 per gm.

Mostly sunny day. Slight chance of a shower, most likely later tonight. Light winds becoming southerly 15 to 25 km/h in the middle of the day.

This is the minimum amount which is required to buy "x" number of lots of a particular commodity to trade in futures market.