China, being on holiday until February 23, has weakened the buying support in silver. However, geopolitical concerns continue to support.
Gold futures for April delivery edged higher to ₹1,56,050 per 10 gram on the MCX during the morning session, while silver futures for March delivery rose to ₹2,44,901 per kilogram
MCX and NSE said have removed an extra 3 per cent margin on all gold futures contracts and 7 per cent on all silver futures contracts, starting today. The move is expected to ease margin requirements
BSE, Angel One and MCX shares fell up to 10% after RBI revised capital market exposure norms. JM Financial says new rules favour banks but tighten funding for brokers
In past one year, MCX shares have rallied 101 per cent, as compared to Sensex's fall of 3.4 per cent
Despite it being a non-working day, trading will continue in the equity and commodity markets on account of presentation of Union Budget 2026
Silver futures, which touched a peak of ₹4.2 lakh a kg on Thursday, fell 30% to ₹2.92 lakh in a day. Gold also weakened by 17.53%, but silver lost more. Are we seeing a 1980s redux?
Spot gold slumped to $5,104 before finding a bid. US equities slumping on tech spending and RoI concerns also weighed on the precious metals
In January so far, MCX spot silver has rallied 67 per cent and gold has gained nearly 32 per cent, according to data compiled by Bloomberg
Despite the sharp run, analysts expect silver prices to continue their upward march amid intermittent corrections, which they feel will be bought into by investors.
MCX stock has jumped 23 per cent post its 1:5 stock split earlier this month; and zoomed as much 207 per cent from its 52-week low of ₹882 touched on March 11, 2025.
MCX share price moved higher on Tuesday after the exchange reported strong financial performance for the December quarter of FY26 (Q3FY26).
Despite the dip seen on Thursday, analysts suggest gold continues to be a reliable long-term portfolio anchor, rather than a short-term trade.
Silver moving through the $90/oz mark, believes Nigel Green, chief executive officer of deVere Group, a global consulting firm that has $14 billion in AUM, marks a decisive shift in market psycology
The tariff threat, tied to a dispute over control of Greenland and broader trade tensions, has rattled markets and reinforced precious metals' appeal as a hedge against economic instability.
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MCX is currently in a positive volume momentum, benefitting from the current state of heightened commodity volatility, reflected in the volume growth seen in Q3FY26 and 9MFY26, says ICICI Securities.
ICICI Securities maintained its 'Add' rating on MCX and upped the target to ₹12,500 from ₹10,000 earlier, an upside potential of 12 per cent from Wednesday's close
Investors looking to benefit from these corporate actions are required to own the shares on or before the ex-date
Among others - Ashok Leyland, India Cements, Laurus Labs, Federal Bank, Shriram Finance, Hindalco, Vedanta and NALCO shares were also trading at life-time highs in Monday's trading session.