Silver Rate

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

    07.49PM IST | 02 Aug, 2024

    • 83462.0Per 1 KGS
    • Change

      868.00 (1.05%)

    • Volume17370
    • Open83702.0
    • Prv. Close82594.00
    • Spot83371.00

    Day's Trend

    • Day:

      83331.084700.0

    • Contract:

      73910.0098220.00

    • Average Price (Rs/1 KGS):83955.86
    • Open Interest (Contracts):24858
    • Open Interest Change %:-7.44%
    • Best Buy Price (Rs/QTY):83436.0/1
    • Prem/Disc:
    • Spread:
    • Unit:KGS
    • Lot Size:30
    • Tick Size:100
    • Best Sell Price (Rs/QTY):83456.0/1

    SILVER News

    Gold Price Today: Yellow metal up by Rs 695/10gm in 2 days, silver trades flat | News

    2 Aug, 2024, 10.17 AM

    Gold and silver futures showed price volatility amid geopolitical tensions and mixed U.S. economic data. Gold futures posted slight gains, while silver futures saw more significant increases.

    Gold Price Today: Yellow metal rises by Rs 830/10 gram on Fed’s dovish tone. What should investors do? | News

    1 Aug, 2024, 08.43 PM

    Gold prices surged due to a weaker dollar and optimistic remarks from the US Federal Reserve, suggesting a potential interest rate cut in September. At 7:45 pm, October MCX gold futures reached Rs 70,350, a 1% increase, peaking at Rs 70,489 for the day.

    Gold Price Today: Yellow metal gains Rs 1,400/10 grams this week, silver up by Rs 2,600/kg | News

    1 Aug, 2024, 10.42 AM

    Gold and silver prices surged as the US Fed hinted at a possible rate cut in September. Gold October futures opened at Rs 70,005 per 10 grams, while Silver September futures traded at Rs 83,967 per kilogram. The unchanged interest rates and geopolitical factors also contributed to the market's positive response.

    Gold Price Today: Yellow metal up by Rs 900/10gm, silver gains by Rs 2,100/kg in 2 days | News

    31 Jul, 2024, 10.30 AM

    Gold and silver future contracts saw price increases amid expectations of U.S. rate cuts. Gold futures hit Rs 69,500 per 10 gram, while silver traded at Rs 83,361/kg. Analysts suggest consolidation and potential declines in gold prices, advising traders to remain cautious.

    Gold Price Today: Yellow metal opens at Rs 68,272/10gm, silver at Rs 81,450/kg | News

    30 Jul, 2024, 10.19 AM

    Gold futures edged up to Rs 68,272 per 10 grams and silver to Rs 81,450 per kg as investors looked to the Federal Reserve's upcoming interest rate decisions. Analysts noted a bearish trend in gold but indicated potential for short-term recovery ahead of key employment data releases.

    Gold Price Today: Yellow metal falls by Rs 3,400/10gm in July, silver down by Rs 7,800/kg | News

    29 Jul, 2024, 10.45 AM

    Gold futures at MCX opened flat while silver marginally increased amid influences from U.S. interest rate expectations and Indian custom duty cuts.

    Gold Price Today: After Rs 7,800/10 gram fall in 3 sessions, yellow metal prices rebound | News

    26 Jul, 2024, 06.06 PM

    Domestic gold prices recovered on Friday gaining by over Rs 500 per 10 gram in intraday trade, taking cues from international prices. The prices were up ahead of the crucial inflation data in the US which could give more clarity on the timing of the interest rate cuts by the Federal Reserve.

    Gold Price Today: Yellow metal falls by Rs 1,100/10gm in 2 days, silver down by Rs 3,500/kg | News

    26 Jul, 2024, 10.28 AM

    Gold and silver August and September futures saw a slight uptick after recent declines. Gold dropped Rs 1,100/10 gm and silver Rs 3,500/kg in the last two days, impacted by the Chinese economy and U.S. data.

    Gold Price Today: Yellow metal prices fall by Rs 1,350/10 gram, silver crashes by over Rs 4,000/kg. Here’s why | News

    25 Jul, 2024, 06.21 PM

    Domestic gold prices fell by 2%, or Rs 1,350 per 10 grams on Thursday, following international trends. Silver prices also dropped sharply by nearly 5%. The dip came as investors awaited US economic data that could influence Federal Reserve rate cuts. The moves were partly driven by profit booking and institutional repositioning.

    Gold Price Today: Yellow metal falls by Rs 4,000/10 gm in this week, silver down by Rs 5,000/kg | News

    25 Jul, 2024, 10.58 AM

    Gold August futures fell by 0.06% to Rs 68,910 per 10 gram, and silver September futures dropped by 0.19% to Rs 84,730 per kilogram on Thursday.

    Hot/Cold Silver Contract

    SILVER (MCX)

    05 September 2024

    Today's Volume : 16789Change : 21.93%

    SILVER Spot Rate Details

    Places
    Price (Rs)
    Unit
    % CHG
    W | M | Y
    Prem/Disc
    Prem/Disc (Trend)
    AHMEDABAD
    83371.00
    1 KGS
    -0.03
    279.00

    SILVER vs Other Precious Metals

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

    Trend

    D | M | Y
    28-Mar-2024
    75012.00/1 KGS
    0.00
    0.00
    28-Mar-2024
    53700.00/8 GRMS
    0.71
    2.67
    6.13
    28-Mar-2024
    6565.00/1 GRMS
    1.17
    2.39
    6.32
    05-Apr-2024
    70639.00/10 GRMS
    1.48
    4.51
    12.72
    05-Apr-2024
    70899.00/10 GRMS
    1.23
    4.76
    13.19
    30-Apr-2024
    79380.00/1 KGS
    -1.72
    -1.32
    7.90
    30-Apr-2024
    79230.00/1 KGS
    -1.92
    -1.53
    6.11
    30-Apr-2024
    7043.00/1 GRMS
    -0.48
    -1.04
    13.32
    30-Apr-2024
    57799.00/8 GRMS
    0.23
    -0.30
    14.02
    03-May-2024
    70950.00/10 GRMS
    -0.24
    -1.08
    13.32

    SILVER vs Peers (Intraday Range)

    LowestHighest

    -0.031.71

    ......

    1.71

    SILVER vs Peers (Contract Range)

    LowestHighest

    -9.6113.67

    ......

    13.67

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

    Expiry
    Price / Unit
    Day% Chg
    Week%
    Contract%
    Day L/H
    Contract L/H
    Volume
    Prem/Disc
    05-Dec-2024
    85688.00/1 KGS
    1.05
    2.62
    0.98
    1983
    2317.00
    05-Mar-2025
    88741.00/1 KGS
    1.57
    3.21
    -9.45
    38
    5370.00
    05-May-2025
    89308.00/1 KGS
    2.62
    -1.81
    0.00
    0
    5908.00
    04-Jul-2025
    97995.00/1 KGS
    0.00
    0.00
    0
    14595.00

    SILVER Contract Details  (2024-09-05) Exchange: MCX

    Symbol

    SILVER

    Contract Start Date

    2023-12-11

    Last Trading Date

    2024-09-05

    Lot Size

    30

    Tick Size

    100

    Symbol Description

    SILVER

    Delivery Start Date

    2024-08-30

    Delivery End Date

    2024-09-06

    Symbol Info

    SILVER 999 EX AHMEDABAD

    Tender Period Start Date

    2024-08-30

    Tender Period End Date

    2024-09-05

    Commodity Group

    Precious Metals

    Name Of Underlying

    Precious Metals

    Identifier of the Underlying

    115

    Instrument Identifier

    426265

    Instrument

    FUTCOM

    Expiry Date

    2024-09-05

    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
    2024-07-31
    Silver
    05-Sep-2024
    82890.00
    83960.00
    82890.00
    82659.00
    941.00
    1.14
    2024-07-30
    Silver
    05-Sep-2024
    81421.00
    82800.00
    81115.00
    81287.00
    1333.00
    1.64
    2024-07-29
    Silver
    05-Sep-2024
    81711.00
    82314.00
    80271.00
    81371.00
    -171.00
    -0.21
    2024-07-26
    Silver
    05-Sep-2024
    81662.00
    81700.00
    80914.00
    81331.00
    -10.00
    -0.01
    2024-07-26
    Silver
    05-Sep-2024
    81662.00
    81700.00
    80914.00
    81331.00
    -10.00
    -0.01
    2024-07-25
    Silver
    05-Sep-2024
    84501.00
    84501.00
    80666.00
    84894.00
    -3389.00
    -3.99
    2024-07-24
    Silver
    05-Sep-2024
    85200.00
    85735.00
    84662.00
    84919.00
    -189.00
    -0.22
    2024-07-23
    Silver
    05-Sep-2024
    88995.00
    89015.00
    84275.00
    89203.00
    -4251.00
    -4.77
    2024-07-22
    Silver
    05-Sep-2024
    89641.00
    89744.00
    88500.00
    89646.00
    -520.00
    -0.58
    2024-07-19
    Silver
    05-Sep-2024
    91441.00
    91441.00
    89270.00
    91772.00
    -2097.00
    -2.29
    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
    31-Oct-2024
    1035.00
    3.68
    30-Sep-2024
    1023.10
    3.19
    30-Aug-2024
    1005.00
    2.51
    05-Mar-2025
    88741.00
    1.57
    30-Aug-2024
    83612.00
    1.11
    04-Oct-2024
    70749.00
    1.10
    04-Oct-2024
    70711.00
    1.08
    30-Aug-2024
    83566.00
    1.07
    05-Sep-2024
    83462.00
    1.05
    05-Dec-2024
    85688.00
    1.05

    Gold ETFs »

    ETF Name
    Price (Rs)
    % CHG
    Volume
    The Economic Times