Silver Slips to ₹290/g on February 10 After Brief Rebound: Rates Across Major Cities

Silver prices in India continued to show volatile moves into mid-February after the sharp reversal from late-January highs. Following the surge to ₹410 per gram on January 29, prices corrected steadily through early February. Silver eased to ₹300 per gram by February 5, slipped further to ₹275 per gram on February 6, and then stabilised at ₹285 per gram on February 7 and February 8. A brief rebound to ₹300 per gram was seen on February 9, but the recovery lost momentum, with prices softening again to ₹290 per gram on February 10.

The swift breakdown below the earlier ₹360–₹370 per gram support zone continues to signal a decisive loss of short-term bullish momentum, with volatility dominating price action. While trading activity remains active, the move reflects ongoing profit-taking, speculative unwinding, and sensitivity to global cues and currency movements. Overall, silver appears to be in a phase of price discovery at lower levels rather than sustaining the earlier rally.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹2,900 per 10g, ₹29,000 per 100g, ₹2,90,000 per kg 
• Silver Price Today in Delhi: ₹2,900 per 10g, ₹29,000 per 100g, ₹2,90,000 per kg
• Silver Price Today in Kolkata: ₹2,900 per 10g, ₹29,000 per 100g, ₹2,90,000 per kg
• Silver Price Today in Bangalore: ₹2,900 per 10g, ₹29,000 per 100g, ₹2,90,000 per kg
• Silver Price Today in Hyderabad:₹3,000 per 10g, ₹30,000 per 100g, ₹3,00,000 per kg 
• Silver Price Today in Kerala: ₹3,000 per 10g, ₹30,000 per 100g, ₹3,00,000 per kg 
• Silver Price Today in Pune: ₹2,900 per 10g, ₹29,000 per 100g, ₹2,90,000 per kg
• Silver Price Today in Vadodara: ₹2,900 per 10g, ₹29,000 per 100g, ₹2,90,000 per kg
• Silver Price Today in Ahmedabad: ₹2,900 per 10g, ₹29,000 per 100g, ₹2,90,000 per kg

Recent Silver Price Movements in India

Here’s a quick look at silver price fluctuations over the past few sessions:

• February 10th: ₹290 per gram, ₹2,90,000 per kg (-10000)  
• February 9th: ₹300 per gram, ₹3,00,000 per kg (15000) 
• February 8th: ₹285 per gram, ₹2,85,000 per kg (0) 
• February 7th: ₹285 per gram, ₹2,85,000 per kg (-25000) 
• February 6th: ₹275 per gram, ₹2,75,000 per kg (-25000) 

Silver prices in India remained volatile through early February, extending the sharp correction that began after the late-January peak. After touching ₹410 per gram on January 29 and easing to ₹395 on January 30, prices slipped to ₹300 per gram by February 5 and fell further to ₹275 on February 6. The market then stabilised at ₹285 per gram on February 7 and February 8, before rebounding to ₹300 on February 9. However, the recovery proved short-lived, with silver easing again to ₹290 per gram on February 10. The broader move has erased most of the late-January gains, highlighting rapid sentiment shifts and continued volatility in the domestic silver market.

Outlook

Silver prices in India remain in a volatile corrective phase after scaling multi-month highs in late January. Following the peak of ₹410 per gram on January 29 and ₹395 on January 30, the metal declined sharply through early February. After stabilising briefly at ₹285 per gram on February 7 and February 8, prices rebounded to ₹300 on February 9 before easing again to around ₹290 per gram on February 10, indicating a lack of sustained upside momentum.

Conclusion

As of February 10, silver prices in India stand at around ₹290 per gram, or ₹2,90,000 per kg, with rates near ₹2,900 per 10 grams across most major cities and slightly higher at ₹3,000 per 10 grams in markets such as Hyderabad and Kerala. The sharp pullback from late-January highs above ₹400 per gram underscores elevated volatility and persistent profit-taking. The failure of recent rebounds to hold suggests silver remains sensitive to near-term cues, with prices still searching for stability after the steep correction.