Silver Rate

    (Expiry: 05-Jul-2024 |   Exchange: MCX | Head: Precious Metals)

    01.12AM IST | 30 Jun, 2024

    • 87151.0Per 1 KGS
    • Change

      103 (0.12%)

    • Volume12937
    • Open87216.0
    • Prv. Close87048.00
    • Spot87840.00

    Day's Trend

    • Day:

      87062.088474.0

    • Contract:

      71826.0096493.00

    • Average Price (Rs/1 KGS):87634.0
    • Open Interest (Contracts):5313
    • Open Interest Change %:-47.86%
    • Best Buy Price (Rs/QTY):0.0/0
    • Prem/Disc:
    • Spread:
    • Unit:KGS
    • Lot Size:30
    • Tick Size:100
    • Best Sell Price (Rs/QTY):0.0/0

    SILVER News

    Gold climbs Rs 370; silver jumps Rs 600 amid strong global cues | News

    28 Jun, 2024, 05.26 PM

    Analysts like Saumil Gandhi and Praveen Singh foresee continued market impact from factors like US PCE inflation data and hawkish statements. The gold market remains influenced by global economic trends and currency fluctuations, leading to a cautious outlook for traders and investors.

    Gold Price Today: Gold opens at Rs 71,446/10 gms, silver drops by Rs 4,400/kg in June | News

    28 Jun, 2024, 11.41 AM

    On Friday, Gold August futures contracts at MCX started trading at Rs 71,446 per 10 grams, marking a decline of Rs 126 or 0.18%. Meanwhile, MCX Silver July futures opened at Rs 87,180/kg, reflecting a drop of Rs 4,400 since the beginning of June. The previous day, both gold and silver prices had closed higher in both international and domestic markets.

    Gold falls Rs 120; silver remains flat at Rs 90,600 per kg | News

    27 Jun, 2024, 05.35 PM

    Traders are focused on upcoming economic data releases to anticipate US Federal Reserve interest rate changes, impacting market trends and investment decisions.

    Gold Price Today: Yellow metal opens at Rs 70,977/10 grams, silver at Rs 88,743/kg | News

    27 Jun, 2024, 11.22 AM

    Gold futures show signs of weakness with a Bearish Engulfing pattern, signaling a possible downturn. The Relative Strength Index (RSI) points to negative divergence, reinforcing a potential decline.

    Gold Price Today: Yellow metal opens at Rs 71,515/10 grams, silver down by Rs 2,000 this week | News

    26 Jun, 2024, 12.09 PM

    Amidst market fluctuations, following Manoj Kumar Jain's guidance, consider selling gold around Rs 71,650 with a stop loss at Rs 71,860. Expect volatile movements in gold and silver prices this week, influenced by factors like the dollar index and upcoming U.S. economic data. Stay informed to navigate the changing market landscape effectively.

    Gold Price Today: Yellow metal opens at Rs 71,712/10 grams, silver at Rs 88,858/kg | News

    25 Jun, 2024, 10.56 AM

    Gold and silver prices on MCX opened flat, with gold at Rs 71,712 per 10 gms and silver at Rs 88,858/kg. Both settled mixed on Monday amid US economic data anticipation.

    Commodity Talk: How to trade precious metals this week | News

    25 Jun, 2024, 11.29 AM

    This week, focus on buying gold, silver, and crude oil, selling on the rise for Natural Gas and Copper. Gold's support is at Rs 71,200 and resistance at Rs 72,900 levels.

    Gold Price Today: Yellow metal trades flat; silver down by Rs 2,400 | News

    24 Jun, 2024, 09.57 AM

    MCX gold August futures fell by Rs 151 in June while silver MCX July futures dropped by Rs 6,390. Prices showed high volatility due to U.S. housing data and dollar index strength.

    Fundamentals suggest silver prices have room for further upside | News

    22 Jun, 2024, 11.23 AM

    Gold prices surged above ₹90,000 per kg in India and $30 per ounce internationally due to bets on potential interest rate cuts amid signs of a weakening US economy. However, further confirmation of cooling inflation is awaited before any rate cut decision.

    Gold Price Today: Yellow metal prices rise by Rs 700 this week, silver at Rs 91,420/kg | News

    21 Jun, 2024, 12.03 PM

    MCX August futures for gold started the week at Rs 72,693 per 10 grams, marking a gain of Rs 720 (1%). Meanwhile, MCX July futures for silver opened at Rs 91,420/kg, increasing by Rs 2,300 (2.6%) over the week.

    Hot/Cold Silver Contract

    SILVER (MCX)

    05 July 2024

    Today's Volume : 12937Change : 7.09%

    SILVER Spot Rate Details

    Places
    Price (Rs)
    Unit
    % CHG
    W | M | Y
    Prem/Disc
    Prem/Disc (Trend)
    AHMEDABAD
    87840.00
    1 KGS
    1.01
    -689.00

    SILVER vs Other Precious Metals

    Commodity
    Expiry
    Price / Unit
    Day
     % Change
    Percentage Change
    Week
    Contract

    Trend

    D | M | Y
    28-Jun-2024
    87789.00/1 KGS
    0.83
    -3.84
    17.82
    28-Jun-2024
    57531.00/8 GRMS
    -0.78
    -1.83
    9.72
    28-Jun-2024
    87770.00/1 KGS
    0.76
    -3.86
    17.85
    28-Jun-2024
    7098.00/1 GRMS
    0.70
    -0.31
    13.55
    05-Jul-2024
    71265.00/10 GRMS
    -0.05
    -0.23
    0.44
    31-Jul-2024
    58188.00/8 GRMS
    0.11
    -0.21
    6.20
    31-Jul-2024
    7115.00/1 GRMS
    0.11
    -0.11
    6.78
    05-Aug-2024
    71585.00/10 GRMS
    0.02
    0.00
    9.27
    05-Aug-2024
    71584.00/10 GRMS
    -0.08
    0.86
    30-Aug-2024
    58389.00/8 GRMS
    0.18
    -0.19
    -1.03

    SILVER vs Peers (Intraday Range)

    LowestHighest

    -0.780.83

    ......

    0.12

    SILVER vs Peers (Contract Range)

    LowestHighest

    -2.3121.44

    ......

    17.30

    SILVER (05-Sep-2024) vs SILVER Other Contracts

    Expiry
    Price / Unit
    Day% Chg
    Week%
    Contract%
    Day L/H
    Contract L/H
    Volume
    Prem/Disc
    05-Sep-2024
    89560.00/1 KGS
    0.45
    -1.89
    21.17
    16973
    1720.00
    05-Dec-2024
    92232.00/1 KGS
    0.52
    -1.70
    8.69
    543
    4392.00
    05-Mar-2025
    95310.00/1 KGS
    -0.17
    -4.92
    0.00
    0
    7470.00

    SILVER Contract Details  (2024-07-05) Exchange: MCX

    Symbol

    SILVER

    Contract Start Date

    2023-07-17

    Last Trading Date

    2024-07-05

    Lot Size

    30

    Tick Size

    100

    Symbol Description

    Silver

    Delivery Start Date

    2024-07-01

    Delivery End Date

    2024-07-08

    Symbol Info

    SILVER 999 EX-AHMEDABAD

    Tender Period Start Date

    2024-07-01

    Tender Period End Date

    2024-07-05

    Commodity Group

    Precious Metals

    Name Of Underlying

    Precious Metals

    Identifier of the Underlying

    115

    Instrument Identifier

    258633

    Instrument

    FUTCOM

    Expiry Date

    2024-07-05

    Price Quote Qty

    KGS

    Daily Price Percent

    0.00

    Near Month Instrument Identifier

    -1

    Far Month Instrument Identifier

    -1

    Trading Unit

    KGS

    Delivery Unit

    KGS

    SILVER Rate Historical Performance

    Date
    Commodity
    Expiry
    Open
    High
    Low
    Prev Close
    ABS
    % CHG
    2024-06-27
    Silver
    05-Jul-2024
    86564.00
    87690.00
    86451.00
    86965.00
    67.00
    0.08
    2024-06-26
    Silver
    05-Jul-2024
    86861.00
    87365.00
    86156.00
    86937.00
    -37.00
    -0.04
    2024-06-25
    Silver
    05-Jul-2024
    88837.00
    89156.00
    86710.00
    88999.00
    -2049.00
    -2.30
    2024-06-24
    Silver
    05-Jul-2024
    89176.00
    89455.00
    88727.00
    89139.00
    -179.00
    -0.20
    2024-06-21
    Silver
    05-Jul-2024
    91252.00
    91680.00
    89077.00
    91665.00
    -2525.00
    -2.75
    2024-06-21
    Silver
    05-Jul-2024
    91252.00
    91680.00
    89077.00
    91665.00
    -2525.00
    -2.75
    2024-06-20
    Silver
    05-Jul-2024
    89989.00
    91850.00
    89989.00
    89475.00
    2172.00
    2.43
    2024-06-19
    Silver
    05-Jul-2024
    88960.00
    89519.00
    88710.00
    89080.00
    434.00
    0.49
    2024-06-18
    Silver
    05-Jul-2024
    89365.00
    89427.00
    87851.00
    88820.00
    196.00
    0.22
    2024-06-14
    Silver
    05-Jul-2024
    88241.00
    89199.00
    87824.00
    87983.00
    1172.00
    1.33
    MORE HISTORICAL DATA

    Future Margin Calculator

    x
    =

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

    Mark-to-Market Calculator

    x
    =

    This is daily gain/loss on the position which is taken in derivatives market, it is calculated on daily basis till the time that position is not squared off.

    GainersLosers

    Commodity
    Contract
    Price (Rs)
    % CHG
    28-Jun-2024
    280.00
    2.73
    28-Jun-2024
    200.00
    1.55
    31-Jul-2024
    230.50
    1.12
    31-Jul-2024
    231.95
    1.00
    28-Jun-2024
    855.45
    0.95
    28-Jun-2024
    87789.00
    0.83
    31-Jul-2024
    840.85
    0.79
    28-Jun-2024
    87770.00
    0.76
    31-Jul-2024
    189.55
    0.74
    30-Aug-2024
    231.05
    0.70

    Gold ETFs »

    ETF Name
    Price (Rs)
    % CHG
    Volume
    6516.00
    1.07
    122
    61.04
    0.87
    51568
    11.41
    0.87
    54555
    70.60
    0.83
    28
    62.50
    0.56
    86241
    60.25
    0.55
    2945
    The Economic Times