Gold / Silver RatioHistorical Valuation
Balanced Corridor (65-80x)
60x (Gold Cheap)80x (Mean)100x (Silver Cheap)
Crude Oil Equity ImpactKey Cost Driver
Every $10/bbl drop in Brent crude expands operating margins by ~120-250 bps for Indian Aviation, Paints, and Tyre equities.
Direct Beneficiaries:INDIGO, ASIANPAINT, MRF
Term-Structure & DeliveryMCX Derivatives
Real-time futures pricing across forward delivery months. Tracks roll yields and contango / backwardation spreads across active contracts.
Active Contracts: 138All MCX Verified
📦ALUMINI
ALUMINI · ₹ / unit ContangoNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (5 Active)31 Aug 2026₹341.85Vol: 486
30 Sept 2026₹345.90Vol: 1314
30 Oct 2026₹345.55Vol: 135
Driver: Global Supply & Demand Fundamentals
🏗️Aluminium Ingot
ALUMINIUM · ₹ / 1 kg ContangoNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (6 Active)31 Aug 2026₹344.00Vol: 57
30 Sept 2026₹344.95Vol: 405
01 Oct 2026₹232.00Vol: 6269
Driver: Automotive Lightweighting, Aerospace & Smelter Energy Costs
⚡Copper Grade A Cathode
COPPER · ₹ / 1 kg ContangoNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (8 Active)31 Aug 2026₹1,385.70Vol: 73
30 Sept 2026₹1,396.25Vol: 3728
01 Oct 2026₹825.00Vol: 7218
Driver: Global Electrification, EV Batteries, Power Grids & Construction
🛢️Brent & WTI Crude Oil
CRUDEOIL · ₹ / bbl BackwardationNear Month Price
Expiry: 19 Aug 2026Forward Delivery Expiry Ladder (8 Active)19 Aug 2026₹7,881.00Vol: 22739
21 Sept 2026₹7,903.00Vol: 22313
01 Oct 2026₹6,450.00Vol: 12678
Driver: OPEC+ Supply Quotas, Global Logistics, Geopolitics & US Rig Counts
📦CRUDEOILM
CRUDEOILM · ₹ / unit ContangoNear Month Price
Expiry: 19 Aug 2026Forward Delivery Expiry Ladder (7 Active)19 Aug 2026₹7,883.00Vol: 50050
21 Sept 2026₹7,901.00Vol: 64107
19 Oct 2026₹7,793.00Vol: 5066
Driver: Global Supply & Demand Fundamentals
📦ELECDMBL
ELECDMBL · ₹ / unit BackwardationNear Month Price
Expiry: 28 Aug 2026Forward Delivery Expiry Ladder (5 Active)28 Aug 2026₹4,914.00Vol: 594
29 Sept 2026₹4,786.00Vol: 1218
30 Oct 2026₹4,384.00Vol: 19
Driver: Global Supply & Demand Fundamentals
🪙Gold 995 Bullion
GOLD · ₹ / 10g ContangoNear Month Price
Expiry: 01 Oct 2026Forward Delivery Expiry Ladder (7 Active)01 Oct 2026₹72,500.00Vol: 3696
04 Oct 2026₹72,500.00Vol: 9269
05 Oct 2026₹1,59,738.00Vol: 5245
Driver: Safe Haven, Inflation Hedge, Central Bank Reserves & USD Yields
📦GOLDGUINEA
GOLDGUINEA · ₹ / unit BackwardationNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (7 Active)31 Aug 2026₹1,25,701.00Vol: 82
30 Sept 2026₹1,28,314.00Vol: 9232
30 Oct 2026₹1,29,260.00Vol: 3130
Driver: Global Supply & Demand Fundamentals
Near Month Price
Expiry: 04 Sept 2026Forward Delivery Expiry Ladder (7 Active)04 Sept 2026₹1,59,235.00Vol: 23105
05 Oct 2026₹1,59,776.00Vol: 18824
05 Nov 2026₹1,60,469.00Vol: 3424
Driver: Global Supply & Demand Fundamentals
📦GOLDPETAL
GOLDPETAL · ₹ / unit ContangoNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (7 Active)31 Aug 2026₹15,976.00Vol: 7751
30 Sept 2026₹16,035.00Vol: 185875
30 Oct 2026₹16,150.00Vol: 54803
Driver: Global Supply & Demand Fundamentals
📦GOLDTEN
GOLDTEN · ₹ / unit BackwardationNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (7 Active)31 Aug 2026₹1,59,318.00Vol: 1129
30 Sept 2026₹1,59,956.00Vol: 21597
30 Oct 2026₹1,60,719.00Vol: 5546
Driver: Global Supply & Demand Fundamentals
🔋Lead Ingot
LEAD · ₹ / 1 kg Near Month Price
Expiry: 30 Sept 2026Forward Delivery Expiry Ladder (1 Active)30 Sept 2026₹197.05Vol: 137
Driver: Lead-Acid Battery Recycling, Auto Replacement Cycle & Backup Power
📦LEADMINI
LEADMINI · ₹ / unit ContangoNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (3 Active)31 Aug 2026₹197.55Vol: 58
30 Sept 2026₹196.85Vol: 136
Contract #3₹198.05Vol: 50
Driver: Global Supply & Demand Fundamentals
📦MENTHAOIL
MENTHAOIL · ₹ / unit ContangoNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (4 Active)31 Aug 2026₹1,205.00Vol: 30
30 Sept 2026₹1,245.20Vol: 119
30 Oct 2026₹1,264.00Vol: 7
Driver: Global Supply & Demand Fundamentals
📦NATGASMINI
NATGASMINI · ₹ / unit ContangoNear Month Price
Expiry: 26 Aug 2026Forward Delivery Expiry Ladder (7 Active)26 Aug 2026₹261.90Vol: 8062
25 Sept 2026₹277.00Vol: 170231
27 Oct 2026₹293.00Vol: 14865
Driver: Global Supply & Demand Fundamentals
🔥Natural Gas (Henry Hub)
NATURALGAS · ₹ / MMBtu ContangoNear Month Price
Expiry: 26 Aug 2026Forward Delivery Expiry Ladder (10 Active)26 Aug 2026₹262.00Vol: 6384
25 Sept 2026₹276.80Vol: 105935
01 Oct 2026₹188.50Vol: 14125
Driver: LNG Export Deficits, Power Grid Demand & Seasonal Weather
⚙️Nickel Cathodes
NICKEL · ₹ / 1 kg ContangoNear Month Price
Expiry: 19 Aug 2026Forward Delivery Expiry Ladder (4 Active)19 Aug 2026₹1,608.90Vol: 157
16 Sept 2026₹1,622.10Vol: 82
21 Oct 2026₹1,633.00Vol: 21
Driver: Stainless Steel Production, EV Battery Chemistries (NMC/NCA)
🥈Silver 999
SILVER · ₹ / 1 kg ContangoNear Month Price
Expiry: 04 Sept 2026Forward Delivery Expiry Ladder (7 Active)04 Sept 2026₹2,44,698.00Vol: 8088
01 Oct 2026₹84,200.00Vol: 5553
04 Oct 2026₹84,200.00Vol: 5425
Driver: Industrial Electronics, Solar PV Manufacturing & Monetary Hedge
🥈Silver 999
SILVER100 · ₹ / 1 kg BackwardationNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (7 Active)31 Aug 2026₹2,442.00Vol: 302
30 Sept 2026₹2,473.00Vol: 20370
30 Oct 2026₹2,502.00Vol: 9541
Driver: Industrial Electronics, Solar PV Manufacturing & Monetary Hedge
📦SILVERM
SILVERM · ₹ / unit BackwardationNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (6 Active)31 Aug 2026₹2,46,834.00Vol: 974
30 Nov 2026₹2,53,563.00Vol: 31452
26 Feb 2027₹2,59,700.00Vol: 1292
Driver: Global Supply & Demand Fundamentals
📦SILVERMIC
SILVERMIC · ₹ / unit ContangoNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (5 Active)31 Aug 2026₹2,45,872.00Vol: 2382
30 Nov 2026₹2,53,494.00Vol: 101075
26 Feb 2027₹2,59,909.00Vol: 8749
Driver: Global Supply & Demand Fundamentals
🔩Zinc Special High Grade
ZINC · ₹ / 1 kg BackwardationNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (6 Active)31 Aug 2026₹441.00Vol: 46
30 Sept 2026₹414.30Vol: 3446
01 Oct 2026₹265.00Vol: 9258
Driver: Steel Galvanizing, Infrastructure Spending & Smelter Supply Constraints
📦ZINCMINI
ZINCMINI · ₹ / unit BackwardationNear Month Price
Expiry: 31 Aug 2026Forward Delivery Expiry Ladder (4 Active)31 Aug 2026₹439.95Vol: 68
30 Sept 2026₹413.80Vol: 6863
30 Oct 2026₹405.15Vol: 1008
Driver: Global Supply & Demand Fundamentals