NSE Clearing Revises Margins On Gold And Silver Futures From February 19

In a fresh directive, NSE Clearing has revised margin requirements for precious metals futures contracts. Effective February 19, 2026, silver futures across all variants will attract an additional 7 percent margin. This adjustment is aimed at managing volatility and ensuring adequate risk coverage in silver trading.  

Conversely, the additional 3 percent margin currently applied to gold futures contracts will be withdrawn. This change is expected to ease trading conditions in gold, reflecting relatively stable price movements compared to silver.  

Market participants view these adjustments as part of NSE Clearing’s dynamic risk management framework, which regularly recalibrates margins to balance investor protection with market liquidity. The changes are likely to influence trading strategies in the bullion segment, particularly for hedgers and speculators managing exposure in precious metals.  

Key Highlights  

• Additional 7 percent margin levied on silver futures contracts (all variants)  
• Effective date: February 19, 2026  
• Withdrawal of 3 percent additional margin on gold futures contracts (all variants)  
• Measures reflect evolving risk management practices in bullion markets  
• Expected impact on trading strategies and liquidity in precious metals  

Sources: Reuters, Economic Times, Business Standard