Gold Silver MCX Rule: During the festive season, the prices of gold and silver are at record highs. At the same time, Multi Commodity Exchange of India (MCX) has taken a big decision regarding trading. The exchange has announced to increase the margins on futures contracts of both gold and silver. These changes have come into effect today, October 14. This step has been taken to control the increasing volatility and risk in the market. Know here whether there will be a big impact on jewelery buyers?
Now there would be this much margin on gold and silver.
Under the new system, the margin on silver has been increased by 1.5% to 11.5%. Whereas, the margin on gold has been increased by 1% to 7%. These changes have come into effect from today, 14 October 2025. MCX says that there has been huge fluctuation in silver prices in recent times, so this step is part of risk management.
What will be the impact on investors?
This rule will not be applicable for common buyers or jewelery investors, but for those trading in the futures market. Now traders will have to keep more money as security than before. This is necessary so that losses can be limited in case of sudden decline in the market.
Where earlier it used to cost less to trade in gold or silver, now it will cost more because the margin rate has increased. This will have a direct impact on investors with high leverage or trading in large quantities. Smaller contracts, such as 1 kg or 10 gram variants, may become more popular now as the costs on these trades will be lower. It is possible that some investors may find the margin higher and trade less.
market backwardation
MCX said that due to the global silver shortage, the futures price has fallen below the spot price, which is called Backwardation. This trend is also being seen in India. In fact, this gap has widened further due to increase in investment and industry demand as well as increase in silver consumption during the festive season. According to MCX, the impact has been due to increasing demand for silver in India, currency value, custom duty and local market conditions.
Details and delivery of contracts
The exchange said that 30 kg silver futures contracts will expire on December 5, 2025, while 5 kg and 1 kg contracts will expire on November 28, 2025. Their settlement will be done through physical delivery.