Sunday, 22 September 2013

GOLD & SILVER Convertor

How to convert US comex Gold & Silver to MCX rate???
              Before that, we have to know about some of basic things.
  • In US gold & Silver is quoted in Troy Ounce.
  • In MCX Gold & Silver in quoted in Grams.
  • One troy ounce is equal to 31.1034768 grams
  • Here Gold unit is quoted as 10 Grams ,
  • Silver is quoted as 1000 grams or 1kg 
Please take Comex gold, silver rate and $ Vs ₹ rate in the below mentioned tables. 
             US Comex gold & silver rate
             $ Vs ₹ Rate
Lat us see calculation formula,
                       Comex gold X ($ Vs ₹)
GOLD  Rate = ------------------------------ X10 = 916 grade or 22 carat
                             31.1034768   
 
Now convert 22 carat to 24 carat, that is MCX Rate

                          Gold rate
  Mcx Gold      =  ------------- X 100  + Time value
                            91.6
 For example:
        Comex gold 1326 ounce, $ Vs ₹ is 63 Now see the calculation,
                  1326 X 63
          =  -----------------X 10 =26858
                31.1034768
                   26858
Mcx Gold = ----------- X 100 =29321 + Time value.
                    91.6
============================

Same Formula has to follow for calculating MCX Silver also

                      Comex silver X ($ Vs ₹)
Silver  Rate = ------------------------------ X10 = 916 grade or 22 carat
                             31.1034768   

Now convert 22 carat to 24 carat, that is MCX Rate

                            Silver rate
  Mcx Silver      =  --------------- X 100  + Time value
                                91.6
 =============================

Thanks & Regards
NSEBSENOW-Team

+91-8973655142

Sunday, 15 September 2013

CRUDE & NATURAL GAS Convertor

How to convert Crude & Natural gas from international value to indian value? 

               Here very simple to calculate these values. just follow the steps as mentioned below.
  • Find out the current Value of international prices of crude & natural gas prices below list
    • Then Take current value of $ Vs ₹ from the above list...
                   Now just multiply last traded prices of Crude oil or Natural gas price X Last trade price of USD/INR = Current price of MCX crude or Natural gas 
      ===============================
      Thanks & Regards

      NSEBSENOW-TEAM

      +91-8973655142

Base Metal Conversion

How to convert Base metals like aluminium, copper, Lead, Zinc and Nickel from International price???

             These data has to be derived from London metal exchange (LME). The rate which is quoted in LME is 1metric ton & here our MCX metals are quoted in 1Kg.  Now let us see how to convert LME to MCX?
        In below table we given LME live price list in 1 metric tone. 
LME LIVE PRICES 
 w
Now take $ Vs ₹ rate in below table
                                              ((International LME price) X ($ Vs ₹)
Calculation for all MCX metals = -------------------------------------------
                                                                                                   1000
  • MCX Aluminium =((LME Aluminium X($ Vs ₹))/1000
  • MCX Lead         =((LME Lead  X ($ Vs ₹))/1000
  • MCX Copper      =((LME Copper X ($ Vs ₹))/1000
  • MCX Nickel       =((LME Nickel X ($ Vs ₹))/1000
  • MCX Zinc          =((LME Zinc X ($ Vs ₹))/1000 
============================
Thanks & Regards
NSEBSENOW - Team
+91 - 8973655142