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. On February 19, silver rebounded to ₹270 per gram, recovering part of the recent decline.

Despite the latest uptick, silver remains well below the ₹295-₹300 range seen earlier in the month, indicating that the broader trend is still corrective. The quick bounce suggests bargain buying at lower levels, but the failure to sustain higher prices points to fragile momentum and continued sensitivity to global cues. Overall, the market appears to be undergoing choppy consolidation at lower levels, with a decisive bottom yet to be established after the steep pullback from January highs.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

 

Open Account Now

Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹2,700 per 10g, ₹27,000 per 100g, ₹2,70,000 per kg 
• Silver Price Today in Delhi: ₹2,700 per 10g, ₹27,000 per 100g, ₹2,70,000 per kg
• Silver Price Today in Kolkata: ₹2,700 per 10g, ₹27,000 per 100g, ₹2,70,000 per kg
• Silver Price Today in Bangalore: ₹2,700 per 10g, ₹27,000 per 100g, ₹2,70,000 per kg
• Silver Price Today in Hyderabad:₹2,700 per 10g, ₹27,000 per 100g, ₹2,70,000 per kg
• Silver Price Today in Kerala: ₹2,700 per 10g, ₹27,000 per 100g, ₹2,70,000 per kg
• Silver Price Today in Pune: ₹2,700 per 10g, ₹27,000 per 100g, ₹2,70,000 per kg
• Silver Price Today in Vadodara: ₹2,700 per 10g, ₹27,000 per 100g, ₹2,70,000 per kg
• Silver Price Today in Ahmedabad: ₹2,700 per 10g, ₹27,000 per 100g, ₹2,70,000 per kg

Recent Silver Price Movements in India

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

• February 19th: ₹270 per gram, ₹2,70,000 per kg (15000) 
• 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)  

Silver prices in India extended their sharp decline in mid-February, highlighting persistent volatility in the market. After touching ₹275 per gram on February 14, rates fell to ₹268 on February 16 and dropped further to ₹260 on February 17, before slipping to ₹255 on February 18. However, prices rebounded to ₹270 per gram on February 19, partially recovering the recent losses. Despite the latest uptick, silver remains significantly below recent highs, reflecting fragile sentiment and sharp day-to-day swings. The quick bounce after a steep fall suggests bargain buying at lower levels, but overall trends still point to a volatile consolidation phase rather than a sustained recovery in the domestic silver market.

Outlook

Silver prices in India remain highly volatile in mid-February after a sharp corrective decline. Rates eased from ₹275 per gram on February 14 to ₹268 on February 16, slipped further to ₹260 on February 17, and dropped to ₹255 on February 18. However, prices rebounded to ₹270 per gram on February 19, indicating renewed buying interest at lower levels. Despite the recovery, the broader pattern still reflects choppy consolidation, with momentum shifting quickly between selling pressure and bargain hunting.

Conclusion

As of February 19, silver prices stand at ₹270 per gram, or ₹2,70,000 per kg. Retail rates are around ₹2,700 per 10 grams across most major cities including Mumbai, Delhi, Kolkata, Bangalore, Hyderabad, Kerala, Pune, Vadodara, and Ahmedabad. The sharp bounce after the recent slide suggests partial stabilisation, but the large day-to-day swings highlight persistent volatility, with the market yet to establish a firm directional trend.