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Precious & Industrial MetalsMCX (Multi Commodity Exchange of India)

Silver (MCX Spot & Futures)

Authentic Real-Time MCX Quotation (per 1 KG)
₹1,94,800.00++₹0.00 (+0.00%)

Market Hours: 09:00 AM - 11:30 PM / 11:55 PM IST•Tick: ₹1.00 per KG

Price Movement Trend

Official MCX Contract Specifications & Lot Sizes

Standard Contract Lot30 KG (1 Contract)
Mini / Micro Contract Size5 KG (Silver Mini) / 1 KG (Silver Micro)
Minimum Tick Size₹1.00 per KG
Estimated Trading Margin10% - 12% (₹1,90,000 - ₹2,30,000 for standard lot)
Exchange & Trading WindowMCX (Multi Commodity Exchange of India)
Benchmark Grade & Purity99.9% Fine Bullion
Description: Silver is a dual-role asset serving as both a precious monetary store of value and an indispensable industrial metal driving solar photovoltaic panels, electric vehicle battery packs, high-end electronics, and 5G communications infrastructure.

Growth Catalysts & Bullish Drivers

  • Solar cell fabrication surging global physical demand with solar installations hitting multi-year records
  • Green energy & EV transition requiring significantly higher silver loadings per unit than traditional ICE vehicles
  • Monetary hedge against currency depreciation and macro sovereign inflation
  • Structural physical supply deficits documented by the World Silver Institute

Downside Risks & Volatility Factors

  • Higher price volatility and wider intraday swings compared to physical gold
  • Macro industrial cycle slowdowns dampening manufacturing and electronics consumption
  • Currency fluctuations impacting domestic landed import parity prices