The Bombay Stock Exchange (BSE) on November 24, 2025, issued update regarding the Additional Margin in All Variants of Gold and Silver.
ICCL, through this circular, informs Clearing Members that the additional margins on Gold and Silver contracts—as earlier communicated in Circular No. 20251029-28 dated 29 October 2025—will continue to remain in force during their respective Tender Periods. This continuation is part of ICCL’s periodic review of risk management measures to ensure adequate systemic risk mitigation.
The applicable additional margins are:
• Silver Contracts
Expiry: 28-Nov-2025 (SILVERKG, SILVERM)/ 05-Dec-2025 (SILVER)
Additional Margin: 4.5% continues during the Tender Period.
• Gold Contracts (GOLD, GOLDM)
Expiry: 05-Dec-2025
Additional Margin: 1% continues during the Tender Period.
Members and participants are advised to take note of the above margin requirements.
[Notice No. 20251124-3]
