IN · mcxMarket Closed
MCX Mini Silver

MCX Mini Silver | MCX: SILVERM | Currency: INR | Type: Commodity Futures (MCX)

₹238,435.00
-2,862.00·-1.19%
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04:35 AM06:45 AM08:55 AM11:05 AM01:15 PM03:25 PM05:55 PM237000240000243000246000249000

Key Statistics

Open
₹70.04
Previous Close
₹241,297.00
Day High
₹247,969.00
Day Low
₹236,944.00
52-Week High
₹121.30
52-Week Low
₹40.19
50-Day Avg
₹61.52
200-Day Avg
₹71.57
Volume
85,735
10-Day Avg Vol
8,606
Exchange
CMX

About MCX Mini Silver

MCX Silver Mini is the 5-kilogram version of the exchange's silver futures, designed for retail participants and smaller hedgers. Quoted in rupees per kilogram, it moves in lockstep with the main 30-kg contract and the international silver price converted through USD/INR. Lower contract value means smaller margins, making it the common entry point for silver trading in India.

Instrument Details

TickerSILVERM
Exchange / MarketMCX
Instrument typeCommodity Futures (MCX)
Quote currencyINR

Underlying & Contract Specifications

Underlying assetSilver (999 fineness)
ExchangeMCX
Contract unit5 kilograms
Expiry cycleMonthly contract cycle

Contract specifications are indicative — always verify against the exchange's official contract page before trading.

Trading Hours

MCX Mini Silver trades 09:00 AM to 11:30 PM IST on MCX, Monday to Friday. Outside those hours this page shows the last traded level, with change figures measured against the previous official close. All session times are expressed in Indian Standard Time (IST).

How to Read MCX Mini Silver

MCX Mini Silver follows the international dollar benchmark converted through USD/INR, so a weakening rupee can lift the MCX price even when the global price is flat. Compare the domestic move with the international quote to separate currency effects from commodity moves. The evening session reaction to US data is often the day's most active window.

52-week range: 40.185 – 121.3.

Sources & Methodology

Contract specifications: MCX | Market calendar: MCX | Price feed: Yahoo Finance

Last reviewed: 24 August 2026

For informational use only · Not investment advice · Verify quotes with your broker before trading.