Silver Drops to ₹280/g on February 13 After Brief Rebound: Latest Rates Across Major Cities

No image 5paisa Capital Ltd - 2 min read

Last Updated: 13th February 2026 - 10:26 am

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. However, the rebound proved short-lived, with rates dropping sharply to ₹280 per gram on February 13.

With silver now oscillating between ₹280 and ₹300 in recent sessions, price action points to consolidation at lower levels rather than a strong reversal. The inability to sustain gains even near ₹295–₹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.

Silver Price Today Across Major Cities

Recent Silver Price Movements in India

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

  • February 13th: ₹280 per gram, ₹2,80,000 per kg (-15000) 
  • 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) 

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 rebounding to ₹295 on February 12. The decline resumed on February 13, with prices dropping to ₹280 per gram. With prices swinging between ₹280 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, briefly recovered to ₹295 per gram on February 12, and then dropped sharply to ₹280 per gram on February 13. The pullback from the recent rebound indicates weakening near-term momentum. With prices swinging between ₹280 and ₹300 within days, buying support appears inconsistent and sentiment remains cautious.

Conclusion

As of February 13, silver prices stand at ₹280 per gram, or ₹2,80,000 per kg. Retail rates are around ₹2,800 per 10 grams across major cities including Mumbai, Delhi, Kolkata, Bangalore, Hyderabad, Kerala, Pune, Vadodara, and Ahmedabad. The recent price action, ranging between ₹280 and ₹300 over the past few sessions, underscores persistent volatility, with the market still searching for a stable direction after sharp fluctuations earlier this month.

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