Silver Micro Rate

    (Expiry: 30-Aug-2024 |   Exchange: MCX | Head: Precious Metals)

    05.29AM IST | 31 Aug, 2024

    • 83230.0Per 1 KGS
    • Change

      -1700.00 (-2.0%)

    • Volume443
    • Open84500.0
    • Prv. Close84930.00
    • Spot84910.00

    Day's Trend

    • Day:

      83230.084918.0

    • Contract:

      73222.0098097.00

    • Average Price (Rs/1 KGS):84464.22
    • Open Interest (Contracts):357
    • Open Interest Change %:-93.96%
    • 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 Price Today: Yellow metal up by Rs 2,200/10 gm in 1 week, silver gains Rs 3,000/kg | News

    30 Aug, 2024, 09.41 AM

    Gold and silver futures at MCX traded lower on Friday, despite gains earlier in the week. Gold futures settled up 0.62% at Rs 72,188 per 10 grams on Thursday, while silver futures also rose 0.62% to Rs 87,049 per kilogram.

    Gold Price Today: Yellow metal trades flat this week, silver down by Rs 700/kg | News

    29 Aug, 2024, 09.59 AM

    Gold October futures opened slightly up, while silver September futures gained 0.6% at MCX. Prices are influenced by dollar index movements and anticipated U.S. core PCE price index data, with caution advised ahead of the U.S. preliminary GDP data.

    Gold Price Today: Yellow metal up by nearly Rs 300/10 gm this week, silver remains flat | News

    28 Aug, 2024, 09.53 AM

    Gold October futures on MCX opened flat at Rs 72,040 per 10 gram, while silver September futures were trading at Rs 85,330/kg. Both metals showed high volatility amid U.S. consumer confidence data and dollar index fluctuations.

    Gold Price Today: Yellow metal trades flat in 1 week, silver gains by Rs 1,100/kg | News

    27 Aug, 2024, 10.11 AM

    Gold and silver futures exhibited high volatility, driven by U.S. economic data and Federal Reserve comments. Gold October futures opened at Rs 71,807, while silver September futures reached Rs 85,410/kg.

    Gold Price Today: Yellow metal up by nearly Rs 600/10 gm in 2 days, silver gains by Rs 1,300/kg | News

    26 Aug, 2024, 09.55 AM

    Gold October futures opened flat on Monday at Rs 71,766 per 10 grams, while silver September futures traded at Rs 85,001/kg. The market rose following hints of rate cuts by the Fed Chairman.

    Geopolitical tensions threaten supply-demand outlook of commodities | News

    24 Aug, 2024, 07.34 PM

    Recent economic data from the US, China, and Europe fell short of expectations, heightening concerns about a sluggish global economy and its impact on oil demand. However, potential supply disruptions from the Middle East due to ongoing conflicts, along with OPEC+ production policies, helped limit the losses in oil prices.

    Gold gains over 1% as Powell comments hint at September rate cut | News

    24 Aug, 2024, 09.36 AM

    Gold prices climbed by more than 1% after Federal Reserve Chair Jerome Powell hinted at an interest rate cut in September. The rising gold prices were bolstered by a fall in the dollar and Treasury yields. Spot gold was up to $2,512.63 per ounce, and U.S. gold futures stood at $2,546.30.

    Gold Price Today: Yellow metal falls by Rs 400/10 gm in 3 days, silver dips by Rs 750/kg | News

    23 Aug, 2024, 10.18 AM

    Gold October futures at MCX opened flat at Rs 71,384, while silver September futures rose to Rs 83,979. Despite recent declines, both metals show bullish signals with key resistance and support levels identified.

    Gold edges higher ahead of Powell's speech, but set for weekly fall | News

    23 Aug, 2024, 08.08 AM

    Gold prices rose slightly on Friday but were poised for a weekly loss as investors awaited Fed Chair Jerome Powell's speech for insights on a potential September rate cut. Spot gold increased by 0.2% to $2,488.59 per ounce, while U.S. gold futures gained 0.29% to $2,524.00. Other precious metals showed mixed performance.

    Gold Price Today: Yellow metal up Rs 1,500/10 gm in 5 days, silver gains Rs 4,700/kg | News

    22 Aug, 2024, 09.57 AM

    Gold October futures opened at Rs 71,674 per 10 grams, down by 0.22%, while silver September futures traded at Rs 84,806/kg, down by 0.07%. Indian markets had a slightly positive outcome on Wednesday.

    Hot/Cold Silver Micro Contract

    SILVERMIC (MCX)

    30 August 2024

    Today's Volume : 443Change : 0.0%

    SILVERMIC Spot Rate Details

    Places
    Price (Rs)
    Unit
    % CHG
    W | M | Y
    Prem/Disc
    Prem/Disc (Trend)
    AHMEDABAD
    84910.00
    1 KGS
    -0.09
    -1680.00

    SILVERMIC vs Other Precious Metals

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

    Trend

    D | M | Y
    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
    28-Jun-2024
    87789.00/1 KGS
    0.83
    -3.84
    17.82
    05-Jul-2024
    72600.00/10 GRMS
    0.62
    1.82
    2.33
    05-Jul-2024
    92132.00/1 KGS
    2.33
    5.84
    24.00
    31-Jul-2024
    6804.00/1 GRMS
    0.07
    -0.47
    2.12
    31-Jul-2024
    55567.00/8 GRMS
    -1.06
    -1.97
    1.42
    05-Aug-2024
    70004.00/10 GRMS
    -0.36
    2.67
    6.86
    05-Aug-2024
    68755.00/10 GRMS
    -0.90
    0.85
    -3.13
    30-Aug-2024
    58007.00/8 GRMS
    0.32
    1.11
    -1.68

    SILVERMIC vs Peers (Intraday Range)

    LowestHighest

    -2.073.4

    ......

    -2.0

    SILVERMIC vs Peers (Contract Range)

    LowestHighest

    -10.4516.13

    ......

    9.98

    SILVERMIC (28-Feb-2025) vs SILVERMIC Other Contracts

    Expiry
    Price / Unit
    Day% Chg
    Week%
    Contract%
    Day L/H
    Contract L/H
    Volume
    Prem/Disc
    28-Feb-2025
    87981.00/1 KGS
    -1.90
    -2.65
    -8.16
    18563
    3071.00
    30-Apr-2025
    89804.00/1 KGS
    -1.83
    -2.27
    -2.25
    2525
    4894.00

    SILVERMIC Contract Details  (2024-11-29) Exchange: MCX

    Symbol

    SILVERMIC

    Contract Start Date

    2024-03-01

    Last Trading Date

    2024-11-29

    Lot Size

    1

    Tick Size

    100

    Symbol Description

    SILVERMICRO

    Delivery Start Date

    2024-11-25

    Delivery End Date

    2024-12-03

    Symbol Info

    EX AHMEDABAD

    Tender Period Start Date

    2024-11-25

    Tender Period End Date

    2024-11-29

    Commodity Group

    Precious Metals

    Name Of Underlying

    Precious Metals

    Identifier of the Underlying

    518

    Instrument Identifier

    429116

    Instrument

    FUTCOM

    Expiry Date

    2024-11-29

    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

    From DateTo Date--- OR --- Contract
    Date
    Commodity
    Expiry
    Open
    High
    Low
    Prev Close
    ABS
    % CHG
    2024-08-29
    Silver
    30-Aug-2024
    84711.00
    85113.00
    84000.00
    83929.00
    1182.00
    1.41
    2024-08-28
    Silver
    30-Aug-2024
    85325.00
    85414.00
    83511.00
    85561.00
    -1561.00
    -1.82
    2024-08-27
    Silver
    30-Aug-2024
    84887.00
    85790.00
    84856.00
    85059.00
    472.00
    0.55
    2024-08-26
    Silver
    30-Aug-2024
    84950.00
    85700.00
    84356.00
    84870.00
    307.00
    0.36
    2024-08-23
    Silver
    30-Aug-2024
    83990.00
    85030.00
    83640.00
    83563.00
    1288.00
    1.54
    2024-08-23
    Silver
    30-Aug-2024
    83990.00
    85030.00
    83640.00
    83563.00
    1288.00
    1.54
    2024-08-22
    Silver
    30-Aug-2024
    84511.00
    84923.00
    83110.00
    84607.00
    -1154.00
    -1.36
    2024-08-21
    Silver
    30-Aug-2024
    84345.00
    85035.00
    84050.00
    84522.00
    173.00
    0.20
    2024-08-20
    Silver
    30-Aug-2024
    84010.00
    85599.00
    84010.00
    84151.00
    419.00
    0.50
    2024-08-19
    Silver
    30-Aug-2024
    83300.00
    84539.00
    83255.00
    83045.00
    1145.00
    1.38
    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-Aug-2024
    87770.00
    3.40
    30-Aug-2024
    235.00
    3.02
    30-Aug-2024
    234.55
    2.74
    30-Aug-2024
    279.50
    2.66
    30-Aug-2024
    273.90
    1.97
    30-Aug-2024
    807.00
    1.21
    30-Aug-2024
    58007.00
    0.32
    30-Sep-2024
    985.80
    0.25
    30-Sep-2024
    268.75
    0.24
    29-Nov-2024
    823.00
    0.23

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