📅 December 2025 COMEX Silver Futures Important Dates
📌 First Notice Date (FND)
• November 28, 2025 — This is typically the first day on which the seller can issue a delivery notice for physical silver.
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📌 Expiration / Last Trading Day
• December 29, 2025 — This is the official expiry date for the SIZ25 contract, meaning it is generally the last day of trading.
📌 Delivery and Intent Dates (observed in practice)
For physical delivery during expiration month, key activity normally centers before and around these dates:
• December 16 – 19, 2025 — Delivery notice/intent dates reported for the December 2025 contract.
• December 18 – 23, 2025 — Corresponding delivery windows when deliveries are taken/issued.
Note on Trading Cessation:
According to CME specifications, trading in silver futures typically ends at 12:25 pm CT on the third-last business day of the contract month — which generally falls a few days before the official calendar expiration — though the formal expiration date is December 29.
📌 Quick Summary
| Event | Date (2025) |
|---|---|
| First Notice Date | Nov 28, 2025 |
| Delivery / Intent Dates | Dec 16–19, 2025 |
| Delivery Window | Dec 18–23, 2025 |
| Last Trading / Expiry Date | Dec 29, 2025 |
If you’d like expiry dates for other silver derivatives (like options on silver futures or micro silver), just let me
⚠️ Important Trading Note
COMEX Silver futures usually stop active trading a few days before expiry, as delivery risk increases after the First Notice Date.
❓ FAQs – COMEX Silver December 2025
1️⃣ What is the expiry date of COMEX Silver December 2025?
The COMEX Silver December 2025 contract expires on 29 December 2025.
2️⃣ What is the First Notice Date for COMEX Silver?
The First Notice Date is 28 November 2025. After this date, delivery risk starts.
3️⃣ Should retail traders hold silver futures till expiry?
Generally no. Retail traders usually exit before FND to avoid physical delivery.
4️⃣ When does physical delivery of silver happen?
Physical delivery happens between 18 and 23 December 2025.
5️⃣ Why is COMEX silver expiry important for MCX traders?
COMEX expiry can impact global silver prices, which often affects MCX Silver volatility in India.
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