Silver Extends Losses to ₹255/g on February 18: Latest Prices Across Major Cities

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 to ₹280 per gram on February 13, extending losses to ₹275 on February 14 and ₹268 on February 16, and sliding further to ₹260 on February 17 and ₹255 on February 18.

With silver now firmly trending lower after briefly oscillating between ₹280 and ₹300, price action indicates consolidation with a clear downward bias rather than a strong reversal. The inability to sustain gains near ₹295–₹300 points to weak short-term momentum, while the continued slide reflects persistent selling pressure and sensitivity to global cues. Overall, the market appears to be stabilising at lower levels, but a decisive bottom has yet to emerge following the steep pullback from January highs.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg 
• Silver Price Today in Delhi: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Kolkata: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Bangalore: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Hyderabad:₹2,600 per 10g, ₹26,000 per 100g, ₹2,60,000 per kg
• Silver Price Today in Kerala: ₹2,600 per 10g, ₹26,000 per 100g, ₹2,60,000 per kg
• Silver Price Today in Pune: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Vadodara: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Ahmedabad: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg

Recent Silver Price Movements in India

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

• February 18th: ₹255 per gram, ₹2,55,000 per kg (-5000)
• February 17th: ₹260 per gram, ₹2,60,000 per kg (-8000)
• February 16th: ₹268 per gram, ₹2,68,000 per kg (-7000) 
• February 14th: ₹275 per gram, ₹2,75,000 per kg (-5000)  
• February 13th: ₹280 per gram, ₹2,80,000 per kg (-15000) 

Silver prices in India extended their sharp decline in mid-February, underscoring persistent volatility in the market. After rebounding to ₹295 per gram on February 12, rates fell to ₹280 on February 13 and ₹275 on February 14, before dropping further to ₹268 on February 16. The downward momentum intensified thereafter, with prices sliding to ₹260 on February 17 and ₹255 on February 18. With rates tumbling ₹40 from ₹295 to ₹255 within less than a week, sentiment remains fragile, pointing to sustained selling pressure and a clear downward bias in the domestic silver market.

Outlook

Silver prices in India continue to trade within a volatile corrective downtrend in mid-February. After briefly rebounding to ₹295 per gram on February 12, rates declined to ₹280 on February 13 and ₹275 on February 14, before slipping further to ₹268 on February 16. The downward momentum intensified thereafter, with prices falling to ₹260 on February 17 and ₹255 on February 18. The sustained slide following the short-lived rebound indicates weakening near-term momentum, with selling pressure dominating and buying support remaining inconsistent.

Conclusion

As of February 18, silver prices stand at ₹255 per gram, or ₹2,55,000 per kg. Retail rates are around ₹2,550 per 10 grams across most major cities including Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad, while Hyderabad and Kerala continue to quote higher at about ₹2,600 per 10 grams. The sharp drop from ₹295 to ₹255 within less than a week highlights persistent volatility and a clear short-term downward bias, with the market still searching for a stable base.