Silver Price Prediction for Monday, 15 June 2026: MCX at Rs 242,801, Up 1.31% with Key Levels

The silver price prediction for monday, 15 June 2026, is bullish, with MCX silver July futures trading at Rs 242,801 per kg in Friday trade, up 1.31 percent from the previous close of Rs 239,653. Silver outpaced gold with industrial demand optimism adding to the inflation-hedge bid after the hot US headline CPI print.

Kunal Singla, Associate Director at Univest, breaks down the silver price prediction for monday with Friday closing data, key levels and the triggers that matter for the next session.

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MCX Silver Friday Recap Behind the Silver Price Prediction for Monday

MCX silver July futures traded at Rs 242,801 per kg on Friday 12 June 2026, up 1.31 percent. The contract opened at Rs 242,776, touched a high of Rs 244,817 and a low of Rs 240,000, with open interest rising at 11,369 lots. Price up 1.31 percent with rising open interest is a long buildup. This closing picture is the base of the silver price prediction for monday.

MCX Silver Futures Data for the Silver Price Prediction for Monday

Futures Metric	Reading (12 June 2026)
MCX Silver July Futures	Rs 242,801 per kg
Change	up 1.31% vs Rs 239,653
Day Range	Rs 240,000 to Rs 244,817
Open Interest	11,369 lots, rising through the session
Signal	Price up 1.31 percent with rising open interest is a long buildup

Price moving up 1.31 percent with open interest rising is the derivatives signature behind Friday’s move. Silver outpaced gold with industrial demand optimism adding to the inflation-hedge bid after the hot US headline CPI print. These readings anchor Monday’s view going into the new week.

Support and Resistance in the Silver Price Prediction for Monday

• Trend: Bullish, with Rs 240,261.67 as the bull-bear line
• Support levels: Rs 240,261.67, then Rs 237,722.33 and the Friday low of Rs 240,000
• Resistance levels: Rs 245,078.67, then Rs 247,356.33 and beyond the Friday high of Rs 244,817
• Monday range: Rs 240,261.67 to Rs 245,078.67 under normal news flow

The pivot framework built on Friday’s high of Rs 244,817, low of Rs 240,000 and last traded price of Rs 242,801 places first support at Rs 240,261.67 and first resistance at Rs 245,078.67. Kunal Singla notes that the MCX evening session and Sunday’s international cues will refine these levels before Monday’s open. That is the structure of the silver price prediction for monday on the charts.

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Key Triggers for Monday 15 June 2026

Four triggers will test the silver price prediction for monday at the open.

• Commodity trigger: Silver carries both precious and industrial demand, so the Fed decision and China industrial cues both move it on Monday
• US Fed and the dollar: The US Fed meets on 16-17 June, the first meeting under new Chair Kevin Warsh, with a rate hold widely expected, and the dollar’s reaction drives all MCX contracts priced off international benchmarks
• Weekend geopolitics: US-Iran headlines over the weekend can swing energy and safe-haven demand sharply before Monday’s open
• Rupee movement: Any move in USD-INR directly shifts MCX prices even when international prices stay flat

Trading Strategy for Monday

A defined plan converts the silver price prediction for monday into managed-risk trades.

• Trade the levels: Use Rs 240,261.67 as the bull-bear line, with stops beyond Rs 237,722.33 for longs or Rs 245,078.67 for shorts
• Watch the evening session: MCX trades into late evening tracking international markets, so Friday night’s close sets Monday’s true reference
• Respect event risk: Size positions smaller ahead of the 16-17 June Fed meeting and weekend geopolitical headlines

Risks to the Silver Price Prediction for Monday

• Commodity risk: Silver is more volatile than gold, and a dollar bounce after the Fed would cut it more sharply than bullion
• Dollar strength: A hawkish surprise from the Fed would lift the dollar and pressure the entire metals and energy complex
• Gap risk: International prices move through the weekend while MCX is shut, so Monday can open with a sharp gap in either direction

Silver Price Prediction for Monday: Quick Answers to What Traders Search

Monday silver price outlook: Bullish after a 1.31 percent gain on Friday. Expected range Rs 240,261.67 to Rs 245,078.67 for the next session.

Silver Price Prediction for Monday with levels: Support Rs 240,261.67 and Rs 237,722.33, resistance Rs 245,078.67 and Rs 247,356.33, the backbone of the silver price prediction for monday.

Key driver for Monday: The reaction to weekend US-Iran headlines and the India CPI print will set the opening tone for the silver price prediction for monday.

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Conclusion

The silver price prediction for monday, 15 June 2026, is bullish. MCX silver July futures traded at Rs 242,801 per kg with the pivot map placing the battleground between Rs 240,261.67 support and Rs 245,078.67 resistance. The India CPI reaction, the advance tax deadline and the 16-17 June US Fed meeting are the shared events that will test the silver price prediction for monday through Monday’s session, and weekend headlines on the US-Iran front remain the biggest swing factor. Check back after Monday’s close for the next silver price prediction for monday update from Univest analysts.

FAQs on the Silver Price Prediction for Monday

What is the silver price prediction for Monday, 15 June 2026?

Ans. The silver price prediction for monday, 15 June 2026, is bullish. MCX silver July futures traded at Rs 242,801 per kg on Friday, up 1.31 percent, with an expected range of Rs 240,261.67 to Rs 245,078.67 and support at Rs 240,261.67.

What are the key MCX silver levels for Monday?

Ans. Support sits at Rs 240,261.67, then Rs 237,722.33 and the Friday low of Rs 240,000, while resistance is placed at Rs 245,078.67, then Rs 247,356.33. These pivot-based levels frame the silver price prediction for monday.

Why did silver prices move on Friday 12 June 2026?

Ans. Silver outpaced gold with industrial demand optimism adding to the inflation-hedge bid after the hot US headline CPI print. Open interest was rising at 11,369 lots. Price up 1.31 percent with rising open interest is a long buildup.

How does the US Fed meeting affect the silver price prediction for Monday?

Ans. The Fed meets on 16-17 June 2026 under new Chair Kevin Warsh, and the dollar’s reaction to the policy tone moves all commodities. A dovish hold supports the silver price prediction for monday, while hawkish guidance would pressure prices through a stronger dollar.

Who provides the Univest analyst view on the silver prediction for Monday?

Ans. Kunal Singla, Associate Director at Univest provides the view, with Univest analysts tracking MCX levels, international benchmarks, the dollar index and the rupee every trading day.