Weekly Outlook on Copper - 17 May 2024
Silver Price
Access F&O data for SILVER
Open Demat AccountSilver Spot Price
Performance
Day Range
- Low 88842
- High 89573
Open Price |
89282 |
Previous Close |
89118 |
About Silver
Silver FAQs
What is the price of Silver Today?
The Price of Silver in MCX is 89360.00.
How to Trade in Silver?
Open Demat Account with 5Paisa to trade in Silver.
What is Silver?
Silver is precious metal used in jewelry, industry, and as investment.
What are the different ways to trade MCX Silver?
On the MCX, silver is traded in four sub-contracts. The Big Silver futures contract is the most popular, which requires a minimum lot size of 30 kg. In terms of popularity, Big Silver is followed by Mini Silver, sold in 5 kg lots.
What are the trading hours for MCX Silver?
MCX's regular session is from 9:00 am to 11:30 pm, Monday to Friday. However, on account of daylight savings that typically happens between November and March of the following year, the end session is at 11:55 pm. Commodity market time is divided into two sessions - morning and evening.
What is the difference between MCX Silver and physical silver?
The term MCX Silver refers to silver traded on the Multi Commodity Exchange as a derivative or futures contract. In contrast, actual silver is the tangible metal in its physical form.
Are there any taxes or charges associated with trading MCX Silver?
Yes, trading MCX Silver may involve taxes and charges, such as Goods and Services Tax (GST) and brokerage fees.