Silver Holds at ₹290/g on February 11 After Recent Pullback: Latest Rates Across Major Cities

Silver prices in India continued to exhibit volatile swings into mid-February following the sharp reversal from late-January highs. After surging to ₹410 per gram on January 29, prices corrected steadily through early February. Silver fell to ₹300 per gram by February 5, dropped further to ₹275 per gram on February 6, and then stabilised at ₹285 per gram on February 7 and 8.

A brief rebound to ₹300 per gram on February 9 suggested a potential recovery, but the momentum proved short-lived. Prices softened to ₹290 per gram on February 10 and remained unchanged at ₹290 per gram on February 11, indicating a pause rather than a decisive bounce.

The sharp breakdown below the earlier ₹360–₹370 per gram support zone continues to reflect a clear loss of short-term bullish momentum, with volatility dominating price action. While trading activity remains active, the recent moves highlight ongoing profit-booking, speculative unwinding, and heightened sensitivity to global cues and currency fluctuations. Overall, silver appears to be consolidating at lower levels, with the market still searching for a stable base after the steep correction from its January peak.

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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 11th: ₹290 per gram, ₹2,90,000 per kg (0) 
• 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) 

Silver prices in India continued to swing sharply through early February, reflecting persistent volatility after the late-January peak. Following the rebound to ₹300 per gram on February 9, the recovery quickly lost momentum. Prices slipped to ₹290 per gram on February 10 and remained unchanged at ₹290 on February 11, indicating a pause in the recent correction. Earlier, silver had stabilised at ₹285 per gram on February 7 and 8 before briefly climbing to ₹300. The latest move suggests that while the steep post-peak correction has moderated, upward momentum remains fragile. Overall, the sharp rise and subsequent pullback have erased a significant portion of late-January gains, underscoring rapid shifts in sentiment 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 at ₹285 per gram on February 7 and February 8, prices rebounded to ₹300 on February 9. However, the upside proved short-lived, with silver easing to ₹290 per gram on February 10 and holding steady at ₹290 on February 11. The flat close in the latest session suggests some near-term consolidation, but the broader trend still reflects cautious sentiment and limited follow-through buying.

Conclusion

As of February 11, silver prices in India stand at ₹290 per gram, or ₹2,90,000 per kg. Retail rates are around ₹2,900 per 10 grams across most major cities including Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad, while prices are slightly higher at ₹3,000 per 10 grams in Hyderabad and Kerala. The sharp pullback from late-January highs above ₹400 per gram highlights elevated volatility and continued profit-booking. Although prices have stabilised over the past two sessions, the inability to sustain the ₹300 level indicates that silver remains sensitive to short-term cues, with the market still seeking a firm base after the steep correction.