mcx silver100 futures contract launch 1 june 2026
MCX Silver100 Futures Contract: Smallest Silver Contract Launches on 1 June 2026
The Multi Commodity Exchange of India (MCX) is set to launch its smallest-ever silver futures contract — the Silver100 — on 1 June 2026. The new contract aims to broaden retail participation in bullion derivatives by lowering the capital threshold for entry into silver trading.
According to a circular issued by MCX on 14 May 2026, the Silver100 futures will have a trading unit of just 100 grams, significantly smaller than the existing Silver (30 kg), Silver Mini (5 kg), and Silver Micro (1 kg) contracts. The new contracts will be available across six monthly expiries — June, July, August, September, October, and November 2026.
Key Contract Highlights
The Silver100 contract has been designed to make silver derivatives more accessible to a wider audience:
- Lot size: 100 grams
- Price quote: Per 10 grams (ex-Ahmedabad rates, inclusive of import duties and customs levies, but excluding GST and other local charges)
- Tick size: ₹1 per 10 grams
- Trading hours: 9:00 AM to 11:30 PM / 11:55 PM, Monday to Friday
- Daily price movement limit: 4%, relaxable to 6% and 9% in case of higher volatility
- Lower capital requirement thanks to the smaller contract size
Important Dates and Settlement
The contract will expire on the last working day of the contract expiry month, while the delivery period spans the last three working days of that month. The smaller lot size means market participants can take silver exposure with a lower margin outlay compared with the standard 30 kg contract, allowing for finer position sizing.
Why This Launch Matters
The launch comes against a backdrop of rising precious-metal volatility and tighter government controls on imports. The Centre recently raised the import duty on gold and silver from 6% to 15%, aiming to curb non-essential imports and ease pressure on foreign exchange reserves amid global uncertainty. India remains the world's largest silver consumer, with demand spanning jewellery, investment products such as coins and bars, and industrial applications including solar panels and electronics.
For active market participants, the smaller contract size could help:
- Reduce upfront capital required for silver hedging
- Enable retail traders and small jewellers to manage price risk efficiently
- Allow finer position sizing alongside existing larger silver contracts
How to Get Started with Commodity Trading
If you are exploring silver as part of a diversified portfolio, you may consider trading commodities through a SEBI-registered broker. SIHL offers seamless access to MCX through its trading platforms. Learn more on the SIHL Commodities page, or open a free Demat and Trading account in minutes. For exchange schedules, visit the Trading Holidays page, and stay updated with more market insights on the SIHL Blog.
Source: MCX Circular dated 14 May 2026
Disclaimer: Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Commodity derivatives carry leverage and price-movement risks; past performance is not indicative of future returns. This blog post is for informational and educational purposes only and should not be construed as investment advice or a recommendation to buy, sell, or hold any commodity or security. SIHL does not guarantee any returns. Brokerage will not exceed the SEBI-prescribed limit. Please consult a registered financial advisor before taking any investment decision. Shah Investor's Home Ltd. — SEBI Regn. No. INZ000167335; Member Code: NSE-07590, BSE SEBI Regn. 943, MCX-57480.
