Silver Surge ; Are We in a New Regime? | Are you trading silver?

Silver prices on MCX are trading in the ₹1.44–₹1.50 lakh/kg zone, touching fresh highs in recent sessions. Globally too, silver is hovering near multi-year peaks around $47/oz, supported by industrial demand and investor interest.

What’s Happening Right Now

  • Silver is hitting fresh highs on MCX and globally.
  • Demand is still strong (industrial use, solar, electronics), even as supply chains face stress.
  • Macro tailwinds: inflation concerns, currency volatility, rate differentials — all pushing metals to stay relevant.

It’s not just “safe-haven” gold that’s in play — silver blends both investment demand + industrial demand.

Theme Why It Matters Watch-outs / Risks
Demand expansion Growth in solar, EVs, electronics gives silver “real” demand beyond jewelry If macro slows, industrial demand could falter
Import / policy dynamics India’s import duties, trade policies, taxation affect local pricing Sudden changes or restrictions could rattle markets
Cost of carry & term structure Futures curve steepness tells us expectations over time If carry becomes too expensive, forward premiums may erode
FX / rupee movement INR weakness amplifies imported commodity prices A strong rupee reversal could blunt gains
Global risk flows Precious metals often benefit in risk-off regimes In risk-on cycles, capital can rotate out quickly

Here’s what trending on dhan:

If yes, are you using MCX futures/options, ETFs, or physical silver?

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I am invested in Silver ETFs. Following a process where I analyse using Silver MCX Silver Future and then invest in ETFs.

When I started, I did not pay attention to the taxation in Commodity ETFs when we sell but now I am thinking can we really trade in Silver/Gold ETFs or its just an instrument where we invest for the longterm which also will act as a hedge.

Just trading Silver FnO… :slightly_smiling_face:

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All gamblers from weeklies will now shift to commodities. Option gamblers will model outcomes after outcomes on strategy builder of various platforms, and place trades now with next to nothing understanding of charts, price action, fundamentals. Lol.

Options has become a real nuisance in India, and SEBI should curtail options trading for those below 5crs networth + 1cr annual income (and above).

Gamblers have moved on to crypto :sweat_smile: 200x leverage, small lot sizes, instant settlement and fund withdrawal along with trends, volatility and ZDTE options.

@RahulDeshpande @PravinJ @Alok_Pandey @Naman Dhan is enticing users to trade commodities. As an active commodity trader first I request Dhan to fix margin update issues with commodity trading which I have been after for a very long time now. It is affecting my trading :pray:

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In order to fix margin issues, you think Dhan has to sacrifice its order execution speed?

And if its affecting your trading, have you considered that this platform might not work for you and consider other platforms?

The issue is not speed in commodity segment. It is a bug in their platform that blocks incorrect margin almost twice (randomly) than what is required which reduces the margin available by that amount. I have to exit the existing stop order and add again for the system to release the excess margin it blocked.

What is disappointing is that I first noted this issue in Oct 2024. Now it is almost a year. I have raised this issue over several channels. Had online meet also. The issue still persists. If Dhan can build DEXT they certainly can fix margin update issue. But the priority should be assigned to this basic platform capability that would affect large % of traders than some features only a few are going to use.

I have traded with many brokers and I have a fair idea of what each brings to the table. I am hoping to be with Dhan and build a long term relationship with Dhan. That is why my company is a compliant AP of Dhan. But where there is a problem I have to call out. Dhan issues are affecting many active traders. Most are not vocal here. That’s all.

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To overcome the margin issue while flipping the position, I’m keeping the long and short strategies seperate. See if this helps.

Which platform do you use if you’re trading crypto?

Delta Exchange @hachiko

I trade ZDTE options and Futures

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I have a stop and reverse trend following system. So separation not possible.

It’s possible, I sorted out the same problem that you just said SAR.

Does it offer out of the box automation?

I got what u said. But it is double the work and the problem is only there in Dhan relative to others I have used. I update stop orders every hours some times. Problem happens randomly and then if I cancel the order and add again problem gets fixed. But again it is extra hassle. When we are trading we are focused on the market. It is difficult to baby sit the trading platform to see whether it falls off the edge :upside_down_face:

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API is there. AI is also there in their platform to help in automation.

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Still there. Not fixed. No intention to fix @PravinJ @Naman @Alok_Pandey ? Today again happened twice. I was placing Sensex expiry orders and when orders failed I checked margins and found it odd. Then cancelled Silver pending order and added again to release excess margin which blocked erroneously.

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Hii @t7support , we are currently reviewing your MCX margin query and will share an update with you shortly.

Kindly note that this issue checking and fixing has been going on for over a year. So this time please check and fix thoroughly.

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