As per circulars issued by MCX and NSE, the Initial Margin (IM) and Short Option Minimum Margin (SOMM) will be revised for all Gold and Silver contracts effective Tuesday, 14th October 2025.
This revision applies to both futures and short options, across the following contract variants:
Gold Contracts:
GOLD, GOLDGUINEA, GOLDM, GOLDPETAL, GOLDTEN
Silver Contracts:
SILVER, SILVERM, SILVERMIC
Revised Margin Structure:
| Commodity | Initial Margin (%) | SOMM (%) | MPOR (Days) | VSR (%) |
|---|---|---|---|---|
| Gold (All Variants) | 7.00 | 7.00 | 2 | 4 |
| Silver (All Variants) | 11.50 | 11.50 | 3 | 6 |
Note: MPOR refers to the number of days the exchange considers for risk while calculating margins. Margin is blocked accordingly, even if the position is squared off earlier.
Action Required: Ensure an adequate margin in your account before initiating or carrying forward positions in Gold or Silver. Margin shortfalls may lead to order rejections or position square-offs.
For more details, refer to the following circulars:
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