AIJGF wrote to FM: MCX Silver is trading at an absurd
₹40,000 premium on “import duty hike” rumours. If any change is being considered, was price-sensitive info leaked—and who profited?
Key asks (urgent, time-bound):
Clarify whether any duty revision is under consideration
If yes, audit the information trail for leaks.
Examine MCX order/trade/position data for unusual concentration, coordinated activity, and beneficiaries
We warned @SEBI_India ~10 days ago that silver could be heading toward a. manipulation-style episode.
Today’s price action strengthens that concern. Please act decisively to protect genuine hedgers and market fairness. @FinMinIndia@PMOIndia@ETNowSwadesh@ZeeBusiness@CNBC_Awaaz
Silver is trading at an absurd ₹28,000 premium on @MCXIndialtd on the back of “rumours” of an import duty hike.
If this rumour is true, it raises a serious red flag: who leaked this price-sensitive information and who made money on it?
This is not speculation, it is a matter for immediate investigation by @PMOIndia and @FinMinIndia.
We had already warned @SEBI_India 10 days ago that silver could be heading toward a #JaneStreet-style manipulation episode. The price action today only strengthens that concern.
@vishwamohansing@ZeeBusiness@aijgf4india@Manisha3005
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