MCX Expands Precious Metals Segment With New Silver 100 Contracts From June 1
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MCX will launch Silver 100 100 gram futures from June 1 2026 across multiple expiries, as India tightens oversight and raises duties on gold and silver imports
The latest restrictions are part of broader efforts by the Centre to tighten oversight of precious metals imports and manage India’s import bill.
Mcx To Launch Silver 100 Futures Contracts From June 1, 2026: The Multi-Commodity Exchange of India Ltd (MCX) has announced the launch of Silver 100 (100 gram) futures contracts effective June 1, 2026, as the government simultaneously tightens regulations on silver imports.
The exchange said the new Silver 100 futures contracts will be available across multiple expiry months, including July 2026, August 2026, September 2026, October 2026 and November 2026, according to a circular issued on May 14.
MCX stated that the contract specifications and trading parameters outlined in the annexure would be binding on all exchange members and their clients participating in trading activities. The exchange also advised members to refer to circulars issued by the MCX Clearing Corporation Ltd (MCXCCL) for applicable margin requirements and delivery and settlement procedures.
MCX Expands Precious Metals Product Basket
The introduction of Silver 100 contracts is expected to provide additional trading and hedging opportunities for market participants, particularly smaller investors and jewellers seeking lower contract sizes in the silver derivatives segment.
MCX has been steadily expanding its commodity offerings amid growing participation in precious metals trading. The launch comes at a time when silver prices and import dynamics remain under close policy scrutiny.
The exchange clarified that all operational and settlement-related guidelines issued by MCXCCL from time to time will remain applicable to the newly launched contracts.
Precious Metals Imports Under Greater Oversight
The latest restrictions are part of broader efforts by the Centre to tighten oversight of precious metals imports and manage India’s import bill.
Earlier, the government increased import duties on gold and silver to 15 percent from 6 percent. In parallel, the Directorate General of Foreign Trade (DGFT) also tightened rules governing duty-free gold imports under the Advance Authorisation scheme used by gems and jewellery exporters.
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