
New Launch1 Jun 2026, 10:02 am
MCX Launches ‘Silver 100’ Futures Contract
AI Summary
Multi Commodity Exchange of India Ltd (MCX) has launched ‘Silver 100’ futures, expanding its bullion contracts portfolio. The exchange is ranked No. 1 globally in Commodity Options and MCX Silver Futures and Options are ranked 2nd respectively (FIA report 2025). The new contract aims to cater to the hedging and investment needs of jewelers, SMEs, and retail investors, offering smaller denomination and ease of delivery. MCX has also invited domestic silver refiners to empanel as per MCX Good Delivery Norms to reduce import dependence.
Key Highlights
- MCX launches ‘Silver 100’ futures contract for trading effective today.
- The contract targets jewelers, SMEs, and retail investors for hedging and investment.
- MCX aims to reduce import dependence by inviting domestic silver refiners for empanelment.
- Silver Futures and Options average daily turnover was seen at ₹21,648 crores and ₹74,883 crores respectively (FY 26).
Price Impact
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