MCX SilverMini

Factors influencing/Impacting MCX Silver



Economic events such as national industrial growth,global financial crisis,
recession, and inflation affect metal prices.

Commodity-specific events such as the construction of new production facilities or processes, unexpected mine or plant closures, or industry restructuring, all affect metal prices.

Governments set trade policy (implementation or suspension of taxes, penalties, and quotas) that affect  supply by regulating (restricting or encouraging) material flow.

Geopolitical events involving governments or economic paradigms and armed conflict can cause major change.

A faster growth in demand against supply often leads to a drop in stocks with the government and investors.

Silver demand is underpinned by the demand from jewellery and silverware, industrial applications.

In India, the real industrial demand occupies a small share in the total industrial demand of silver. This is in sharp contrast to most developed economies.

In India, silver demand is also determined to a large extent by its price level and volatility.

MCX Silver Mini

Trading Symbol                       :  SILVERM

Contract Basis                         : Monthly(All Month Contracts Available)

No of Contracts of a year        :5

Price Quotation(Quoted Price)  : 1 Kg

Lot size                                    : 5

Margin Percentage                    :4% of lot value(Generally)

Margin/Investment Required to
Trade Brent Crude Oil               : Approx.Rs.15000-Rs.30000(Subject to change as per MCX Exchange)

Tick Size                                  : Rs.1

Tick Value                                : Rs.5 Per Tick

Value for One Point/Price
Variation(Up/Down)                  : Rs.5

Trading period                         : Monday through Saturday

Trading session/Timings           : Monday to Friday: 10.00 a.m. to 11.30 p.m.
                                                    Saturday: 10.00 a.m. to 2.00 p.m.