Silver Prediction for Tomorrow | MCX Silver Levels 24 June 2026

The silver prediction for tomorrow for 24 June 2026 is shaped by today’s MCX Silver Jul Futures closing at Rs 2,27,940 per kg (-10,050.00, -4.22%) as broader markets fell sharply on the Nifty 50 expiry day. Silver fell sharply on dual headwinds of Iran deal optimism and reduced industrial demand risk-off. India VIX surged to 14.23 (+10.83%), reflecting elevated uncertainty. Tomorrow (Wednesday 24 June 2026) is the Bank Nifty weekly expiry, adding a layer of market volatility that will influence MCX trading.

Ankit Jaiswal, Senior Research Analyst at Univest, has analysed today’s MCX Silver price action, global cues, and F&O data to present the silver prediction for tomorrow. Kunal Singla provides the broader equity market context that influences commodity sentiment for 24 June 2026.

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Silver Prediction for Tomorrow: Today’s MCX Close

• MCX Close: MCX Silver Jul Futures settled at Rs 2,27,940 per kg (-10,050.00, -4.22%) on 23 June 2026 from Rs 2,37,990. Silver fell sharply on Iran deal progress reducing safe-haven demand and equity risk-off
• International Cue: COMEX Silver at ~$31.50/oz (bearish) in global markets. Overnight movement in COMEX Silver will be the primary signal for the silver prediction for tomorrow opening price on Wednesday.
• Market Context: Nifty 50 expiry-day selling drove broad risk-off across both equities and commodities on 23 June 2026. Bank Nifty expiry on 24 June 2026 will continue to influence market sentiment for the silver prediction for tomorrow session.

Silver Prediction for Tomorrow: MCX Key Levels

Trend: Cautiously Bearish | MCX Range: Rs 2,26,000 to Rs 2,31,000 per kg

Level	Silver (MCX Silver Jul Futures)
Support 1	2,26,000
Support 2	2,23,000
Resistance 1	2,31,000
Resistance 2	2,34,000

The silver prediction for tomorrow from Ankit Jaiswal places Rs 2,26,000 per kg as the key MCX support for Wednesday. A hold above 2,26,000 keeps the silver prediction for tomorrow range-bound with target Rs 2,31,000. A break above Rs 2,31,000 with volume targets Rs 2,34,000. Jaiswal notes that MCX Silver expiry on 3 July 2026 means pre-expiry OI positioning will influence 24 June 2026’s price action. The silver prediction for tomorrow therefore carries expiry-driven intraday risk alongside the broader Bank Nifty Wednesday expiry.

Silver F&O and Global Analysis for 24 June 2026

• MCX Contract: The active MCX Silver contract (Silver Jul Futures) expires on 3 July 2026. The silver prediction for tomorrow expects pre-expiry OI unwinding to add directional impulse to Wednesday’s session.
• International Markets: COMEX Silver at ~$31.50/oz (bearish) is the primary overnight reference. Any material move in COMEX Silver between Indian market close today and MCX opening tomorrow will directly gap the silver prediction for tomorrow.
• Dollar Index: DXY direction overnight directly affects rupee-denominated MCX prices. A weaker dollar supports the silver prediction for tomorrow; a stronger dollar creates downside risk for the MCX opening price tomorrow.

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MCX Trading Strategy: silver prediction for tomorrow

1. Buy Setup: The silver prediction for tomorrow suggests buying near Rs 2,26,000 per kg with stop at Rs 2,23,000 targeting Rs 2,31,000. Confirm with overnight COMEX Silver direction before entry.
2. Sell Setup: A break below Rs 2,26,000 on volume in the silver prediction for tomorrow targets Rs 2,23,000 with stop above Rs 2,31,000.
3. Watch Bank Nifty Expiry: Broad market volatility from Bank Nifty expiry on Wednesday can temporarily spike MCX volatility. The silver prediction for tomorrow advises avoiding trades in the 2:00 to 3:15 PM window.
4. Limit Orders: MCX Silver can gap on overnight global moves. The silver prediction for tomorrow recommends using limit orders rather than market orders to avoid adverse fills on Wednesday opening.

What Global Data Indicates for silver prediction for tomorrow

The silver prediction for tomorrow is primarily driven by overnight movements in COMEX Silver and the Iran-US Switzerland talk outcome. Ankit Jaiswal notes that the silver prediction for tomorrow carries dual event risk on Wednesday: MCX contract-specific expiry positioning and broader Bank Nifty weekly expiry volatility that affects rupee and risk sentiment simultaneously.

Kunal Singla observes that Nifty 50 falling to 23,824.10 today and VIX at 14.23 signal a cautious near-term environment. The silver prediction for tomorrow in this context leans toward the defensive end — tighter position sizes and wider stops are recommended until either the Iran-US deal outcome or Bank Nifty expiry provides directional clarity.

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Risks to silver prediction for tomorrow

• Iran-US Deal Outcome: A confirmed Iran deal overnight would sharply alter the silver prediction for tomorrow via energy price and risk-sentiment channels. A breakdown would spike volatility and may gap the silver prediction for tomorrow opening above or below key levels.
• Industrial Demand Risk: Any negative China manufacturing data overnight would add to silver’s bearish pressure in the silver prediction for tomorrow below Rs 2,26,000 support.
• Dollar Spike: A sharp DXY surge overnight would pressure all rupee-denominated MCX prices and create gap-down risk for the silver prediction for tomorrow on Wednesday opening.
• Bank Nifty Expiry Spillover: Broad market volatility from Bank Nifty expiry can temporarily widen MCX Silver spreads and create slippage risk for the silver prediction for tomorrow in the afternoon session.

Stocks to Watch Tomorrow, 24 June 2026

Ankit Jaiswal and Kunal Singla of Univest flag three equity stocks for Wednesday’s session. Tomorrow is Bank Nifty weekly expiry (24 June), adding volatility to banking names. These picks are based on today’s post-expiry oversold setup.

Stock	CMP (23 June 2026)	Entry Zone	Target	Stop Loss
Sun Pharma	Rs 1,868.00	Rs 1,862 to Rs 1,872	Rs 1,900 to Rs 1,910	Rs 1,845
HDFC Bank	Rs 774.65	Rs 772 to Rs 778	Rs 790 to Rs 795	Rs 763
Reliance Industries	Rs 1,309.50	Rs 1,305 to Rs 1,312	Rs 1,330 to Rs 1,338	Rs 1,292

Sun Pharma closed at Rs 1,868.00 today, the outperformer in a weak market, as Nifty Pharma (+0.92%) was among the very few positive sectors on 23 June 2026. Jaiswal flags entry at Rs 1,862 to Rs 1,872 targeting Rs 1,900. HDFC Bank at Rs 774.65 is oversold ahead of Bank Nifty expiry on Wednesday; Singla sees a pre-expiry short-covering bounce targeting Rs 790 to Rs 795 with stop at Rs 763. Reliance Industries closed at Rs 1,309.50, testing its low of Rs 1,304 today; Jaiswal sees Rs 1,305 to Rs 1,312 as a bounce entry targeting Rs 1,330 with stop at Rs 1,292.

Conclusion

The silver prediction for tomorrow on 24 June 2026 is cautiously bearish with MCX support at Rs 2,26,000 and resistance at Rs 2,31,000 per kg. Ankit Jaiswal notes that the silver prediction for tomorrow direction hinges on overnight COMEX Silver movement and Iran-US talk outcome. Track COMEX Silver and GIFT Nifty before 9:15 AM for the most current inputs for the silver prediction for tomorrow on Wednesday.

This silver prediction for tomorrow is based on MCX market data as of close of trade on 23 June 2026. All levels should be verified with MCX official data before placing positions in the silver prediction for tomorrow for Wednesday.

FAQs

What is the silver prediction for tomorrow, 24 June 2026?

Ans. The silver tomorrow Wednesday outlook for 24 June 2026 shows MCX Silver at Rs 2,27,940 per kg (-4.22%) on 23 June 2026. Support is Rs 2,26,000 and resistance Rs 2,31,000 per kg. COMEX Silver at ~$31.50/oz is the primary overnight cue for the silver tomorrow Wednesday outlook opening on Wednesday.

What is the MCX Silver support for 24 June 2026?

Ans. The silver tomorrow Wednesday outlook places MCX Silver support at Rs 2,26,000 and Rs 2,23,000 per kg. Resistance levels are Rs 2,31,000 and Rs 2,34,000. A sustained break above Rs 2,31,000 with volume would signal a bullish breakout for the silver tomorrow Wednesday outlook on Wednesday.

When is the MCX Silver expiry?

Ans. The active MCX Silver contract (Silver Jul Futures) expires on 3 July 2026. Pre-expiry OI positioning will influence the silver tomorrow Wednesday outlook intraday on Wednesday, particularly in the final trading hour.

What stocks should traders watch alongside the silver tomorrow Wednesday outlook?

Ans. Alongside the silver tomorrow Wednesday outlook on Wednesday, Univest analysts flag Sun Pharma (entry Rs 1,862 to Rs 1,872, target Rs 1,900), HDFC Bank (pre-expiry bounce, entry Rs 772 to Rs 778, target Rs 790), and Reliance Industries (oversold bounce, entry Rs 1,305 to Rs 1,312, target Rs 1,330) as key equity stocks to watch.

How does Bank Nifty expiry affect the silver tomorrow Wednesday outlook?

Ans. Bank Nifty weekly expiry on Wednesday 24 June 2026 can widen MCX spreads and create additional volatility between 2:00 PM and 3:15 PM. The silver tomorrow Wednesday outlook advises avoiding MCX Silver trades during this Bank Nifty expiry window to reduce slippage risk.