MCX, the country’s largest commodity derivatives exchange and the largest stock exchange NSE, have removed the additional margin levied on gold and silver futures contract with the prices cooling off in the last few weeks.
The additional margin of 3 per cent levied in Gold Futures (all contracts of all variants) and 7 per cent levied in Silver Futures (all contracts of all variants) will be withdrawn with effect from Thursday, said MCX in a statement.
Similarly, with reference to the circular dated February 4, NSE said the additional margin of 3 per cent levied on Gold Futures contracts and 7 per cent levied on Silver Futures contracts will be withdrawn from February 19, it said.
Price falls
In MCX, gold for April delivery on the MCX fell by ₹1,210, or 0.80 per cent, to ₹1,53,550 per 10 gr on Wednesday. Silver futures scheduled for delivery in March declined ₹4,685 or 2 per cent, to ₹235,206 per kg.
Gold prices have fallen significantly by 4-5 per cent from their February peak. After a record-breaking rally in late 2025 and January, prices peaked at about ₹162,000 per 10 grams to about ₹153,550 per 10 g. International spot gold has also eased from above $5,100 to about $4,900 an ounce.
Similarly, silver futures prices have experienced a significant decline of about 16 per cent to 18 per cent over the last 30 days as of February 18. After hitting a new high of ₹420,000 (January 29) per kg, the February contract on MCX has been on a free fall. The March contract currently trading at ₹243,622 a kg.
Silver on Comex has plunged to $75 an ounce from $120 an ounce (January 30).
Published on February 18, 2026
