Silver prices in India remained volatile into mid-February after the sharp correction from late-January highs. Following the rebound to ₹300 per gram on February 9, the recovery quickly faded. Prices eased to ₹290 per gram on February 10 and held steady on February 11, before inching up to ₹295 per gram on February 12.

With silver now oscillating between ₹285 and ₹300 in recent sessions, price action points to consolidation at lower levels rather than a strong reversal. The failure to sustain gains above ₹300 suggests that short-term momentum remains weak, while continued swings reflect active profit-booking and sensitivity to global cues. Overall, the market appears to be stabilising gradually, but a decisive trend direction is yet to emerge after the steep pullback from January highs.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹2,950 per 10g, ₹29,500 per 100g, ₹2,95,000 per kg 
• Silver Price Today in Delhi: ₹2,950 per 10g, ₹29,500 per 100g, ₹2,95,000 per kg
• Silver Price Today in Kolkata: ₹2,950 per 10g, ₹29,500 per 100g, ₹2,95,000 per kg
• Silver Price Today in Bangalore: ₹2,950 per 10g, ₹29,500 per 100g, ₹2,95,000 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: ₹2,950 per 10g, ₹29,500 per 100g, ₹2,95,000 per kg
• Silver Price Today in Vadodara: ₹2,950 per 10g, ₹29,500 per 100g, ₹2,95,000 per kg
• Silver Price Today in Ahmedabad: ₹2,950 per 10g, ₹29,500 per 100g, ₹2,95,000 per kg

Recent Silver Price Movements in India

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

• February 12th: ₹295 per gram, ₹2,95,000 per kg (5000) 
• 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) 

Silver prices in India continued to fluctuate sharply in early February. After rising to ₹300 per gram on February 9, rates fell to ₹290 on February 10 and 11, before edging up to ₹295 on February 12. With prices swinging between ₹285 and ₹300 within days, sentiment remains fragile, highlighting ongoing volatility in the domestic silver market.

Outlook

Silver prices in India continue to move within a volatile corrective band in early February. After touching ₹300 per gram on February 9, rates slipped to ₹290 on February 10 and 11 before recovering to ₹295 per gram on February 12. The rebound from ₹285–₹290 levels suggests some buying support, but repeated swings between ₹285 and ₹300 indicate that momentum remains fragile and sentiment cautious in the near term.

Conclusion

As of February 12, silver prices stand at ₹295 per gram, or ₹2,95,000 per kg. Retail rates are around ₹2,950 per 10 grams across major cities including Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad, while Hyderabad and Kerala quote slightly higher at ₹3,000 per 10 grams. The recent price action, ranging between ₹285 and ₹300 over the past few sessions, underscores ongoing volatility, with the market attempting to stabilise after sharp fluctuations earlier this month.