There is no single fixed stop-loss for Gold or Silver in INR. The stop-loss must be calculated from:

- Your entry price

- Contract/quantity (lot size)

- How many rupees you are willing to lose on that trade

Since I don’t know your position or live prices, I’ll show you how to calculate a rupee stop-loss for Gold and Silver on MCX.

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1. Decide your maximum loss per trade (in ₹)

Example approach (risk management rule of thumb):

- Trading capital: ₹5,00,000

- Risk per trade: 1% of capital

- Max loss per trade = ₹5,00,000 × 1% = ₹5,000

You can use 0.5%–2% as a typical range, depending on your risk tolerance. This max loss is the key number.

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2. Example: Stop-loss for MCX Gold (Illustration only)

Assume (example only, not current market):

- Instrument: MCX Gold Mini (100 g)

- Entry price: ₹62,000 per 10 g

- You buy 1 lot (100 g = 10 × 10 g)

- Max loss per trade: ₹5,000

1. Loss per 10 g = Max loss ÷ number of 10 g units

= ₹5,000 ÷ 10 = ₹500 per 10 g

2. Stop-loss price per 10 g = Entry price – allowed loss per 10 g

= ₹62,000 – ₹500 = ₹61,500 per 10 g

So in this example, for a long position in Gold Mini at ₹62,000, your stop-loss would be ₹61,500 per 10 g, which equals about ₹5,000 total risk on 1 mini lot.

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3. Example: Stop-loss for MCX Silver (Illustration only)

Assume (example only, not current market):

- Instrument: MCX Silver Mini (5 kg)

- Entry price: ₹75,000 per kg

- You buy 1 lot (5 kg)

- Max loss per trade: ₹5,000

1. Total contract value = 5 kg × ₹75,000 = ₹3,75,000

2. Maximum loss per kg = Max loss ÷ quantity

= ₹5,000 ÷ 5 = ₹1,000 per kg

3. Stop-loss price per kg = Entry price – allowed loss per kg

= ₹75,000 – ₹1,000 = ₹74,000 per kg

So in this example, for a long position in Silver Mini at ₹75,000, your stop-loss would be ₹74,000 per kg, i.e. about ₹5,000 total risk on 1 mini lot.

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4. Practical guidelines for Gold/Silver in INR

For intraday:

- Keep risk per trade small (often ≤1% of capital).

- Use volatility-based or technical levels:

- For Gold: below/above nearest support/resistance or 0.3–0.5 × daily ATR.

- For Silver: Silver is more volatile, so give slightly wider room (e.g. 0.5–1 × ATR), but keep rupee risk within your limit by adjusting lot size.

For positional trades (multi-day/swing):

- Wider stop-loss (below key swing lows / above swing highs or major support–resistance)

- Reduce lot size to keep ₹ risk within your predefined max loss.

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5. Quick formula (for any Gold/Silver trade in INR)

1. Max loss (₹) = Trading capital × Risk % per trade

2. Loss per unit (₹) = Max loss (₹) ÷ Quantity (lots × units per lot)

3. Stop-loss price (long) = Entry price – Loss per unit

Stop-loss price (short) = Entry price + Loss per unit

Apply this to whichever Gold/Silver contract you trade (Gold, Gold Mini, Silver, Silver Mini, etc.) on MCX.

If you want contract specifications, you can check them on MCX’s official website.

If you have any further queries, please connect with us on 022-6290-10141 (Timings : 09.00 AM to 05.00 PM) or you can email us on info@cniinfoxchange.com