Silver Micro Rate

    (Expiry: 28-Jun-2024 |   Exchange: MCX | Head: Precious Metals)

    03.03AM IST | 02 Jul, 2024

    • 87770.0Per 1 KGS
    • Change

      665.00 (0.76%)

    • Volume957
    • Open87389.0
    • Prv. Close87105.00
    • Spot87840.00

    Day's Trend

    • Day:

      87180.088774.0

    • Contract:

      71989.0096370.00

    • Average Price (Rs/1 KGS):87982.94
    • Open Interest (Contracts):929
    • Open Interest Change %:-73.44%
    • Best Buy Price (Rs/QTY):0.0/0
    • Prem/Disc:
    • Spread:
    • Unit:KGS
    • Lot Size:1
    • Tick Size:100
    • Best Sell Price (Rs/QTY):0.0/0

    SILVERMIC News

    Gold flat at Rs 72,350 per 10g, silver rises by Rs 200 | News

    1 Jul, 2024, 05.23 PM

    Gold and silver prices remained stable at Rs 72,350 per 10 grams and Rs 90,300 per kg respectively. In Delhi markets, spot gold prices stayed unchanged.

    Gold Price Today: Gold prices trade flat in June month, silver down by Rs 4,400 | News

    1 Jul, 2024, 10.48 AM

    Gold and silver prices fluctuated in response to U.S. economic data and Dollar Index movements. Expert advice suggests buying on price dips while support and resistance levels hold steady.

    Commodity Talk: Silver down by Rs 5,000/kg in June. Is it setback to Rs 1 lakh target in 2024? | News

    1 Jul, 2024, 09.07 PM

    We do see further corrective moves of upto 2 – 3 % in prices in case US macro cues support the dollar further in near term. However silver is still expected to witness new all time highs this year driven by concerns of 2 rate cuts to persist driving investment demand in white metal.

    Gold holds ground on US rate-cut expectations | News

    1 Jul, 2024, 07.35 AM

    Amidst shifting economic indicators, precious metal prices reflect market uncertainties and investor sentiments influenced by global economic trends and policy decisions. The intricate balance between supply, demand, and macroeconomic factors drives strategic investment choices in the ever-changing financial landscape.

    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.

    Hot/Cold Silver Micro Contract

    SILVERMIC (MCX)

    Today's Volume : 0Change : 0.0%

    SILVERMIC Spot Rate Details

    Places
    Price (Rs)
    Unit
    % CHG
    W | M | Y
    Prem/Disc
    Prem/Disc (Trend)
    AHMEDABAD
    87645.00
    1 KGS
    -0.22
    2109.00

    SILVERMIC 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
    7098.00/1 GRMS
    0.70
    -0.31
    13.55
    05-Jul-2024
    71307.00/10 GRMS
    0.04
    -0.29
    0.50
    05-Jul-2024
    87583.00/1 KGS
    0.48
    -1.59
    17.88
    31-Jul-2024
    58118.00/8 GRMS
    -0.13
    -0.44
    6.07
    31-Jul-2024
    7110.00/1 GRMS
    -0.06
    -0.32
    6.71
    05-Aug-2024
    71645.00/10 GRMS
    0.09
    -0.20
    9.36
    05-Aug-2024
    71623.00/10 GRMS
    0.03
    -0.26
    0.91
    30-Aug-2024
    58317.00/8 GRMS
    -0.08
    -0.39
    -1.16

    SILVERMIC vs Peers (Intraday Range)

    LowestHighest

    -0.130.7

    ......

    0.76

    SILVERMIC vs Peers (Contract Range)

    LowestHighest

    -2.9821.53

    ......

    17.85

    SILVERMIC (29-Nov-2024) vs SILVERMIC Other Contracts

    Expiry
    Price / Unit
    Day% Chg
    Week%
    Contract%
    Day L/H
    Contract L/H
    Volume
    Prem/Disc
    29-Nov-2024
    92350.00/1 KGS
    0.09
    -1.32
    21.53
    13371
    4705.00
    28-Feb-2025
    95093.00/1 KGS
    0.11
    -1.25
    -0.74
    1525
    7448.00

    SILVERMIC Contract Details  (2024-06-28) Exchange: MCX

    Symbol

    SILVERMIC

    Contract Start Date

    2023-12-11

    Last Trading Date

    2024-06-28

    Lot Size

    1

    Tick Size

    100

    Symbol Description

    SILVERMICRO

    Delivery Start Date

    2024-06-24

    Delivery End Date

    2024-07-02

    Symbol Info

    EX AHMEDABAD

    Tender Period Start Date

    2024-06-24

    Tender Period End Date

    2024-06-28

    Commodity Group

    Precious Metals

    Name Of Underlying

    Precious Metals

    Identifier of the Underlying

    518

    Instrument Identifier

    426264

    Instrument

    FUTCOM

    Expiry Date

    2024-06-28

    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

    SILVERMIC Rate Historical Performance

    Date
    Commodity
    Expiry
    Open
    High
    Low
    Prev Close
    ABS
    % CHG
    2024-06-28
    Silver
    30-Aug-2024
    89481.00
    90666.00
    89261.00
    89203.00
    391.00
    0.44
    2024-06-28
    Silver
    30-Aug-2024
    89481.00
    90666.00
    89261.00
    89203.00
    391.00
    0.44
    2024-06-27
    Silver
    30-Aug-2024
    89004.00
    89880.00
    88565.00
    89169.00
    63.00
    0.07
    2024-06-26
    Silver
    30-Aug-2024
    89428.00
    89595.00
    88320.00
    89310.00
    -130.00
    -0.15
    2024-06-25
    Silver
    30-Aug-2024
    90933.00
    91239.00
    89086.00
    90974.00
    -1602.00
    -1.76
    2024-06-24
    Silver
    30-Aug-2024
    91670.00
    91670.00
    90800.00
    91311.00
    -371.00
    -0.41
    2024-06-21
    Silver
    30-Aug-2024
    93215.00
    93683.00
    91250.00
    93712.00
    -2407.00
    -2.57
    2024-06-21
    Silver
    30-Aug-2024
    93215.00
    93683.00
    91250.00
    93712.00
    -2407.00
    -2.57
    2024-06-20
    Silver
    30-Aug-2024
    91590.00
    93890.00
    91450.00
    91472.00
    2235.00
    2.44
    2024-06-19
    Silver
    30-Aug-2024
    91150.00
    91541.00
    90771.00
    91103.00
    372.00
    0.41
    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
    30-Sep-2024
    850.45
    5.01
    19-Jul-2024
    6953.00
    2.17
    19-Jul-2024
    6949.00
    2.10
    19-Aug-2024
    6889.00
    2.09
    19-Aug-2024
    6871.00
    1.78
    19-Sep-2024
    6888.00
    1.62
    30-Sep-2024
    58988.00
    0.70
    31-Jul-2024
    845.60
    0.61
    30-Aug-2024
    848.55
    0.60
    05-Jul-2024
    87583.00
    0.48

    Gold ETFs »

    ETF Name
    Price (Rs)
    % CHG
    Volume
    61.28
    0.29
    4281
    62.74
    0.11
    49826
    69.73
    0.07
    1358
    60.82
    0.00
    15823
    11.51
    0.00
    113524
    60.44
    -0.03
    434
    The Economic Times