Silver prices in India briefly surged to ₹300 per gram on February 23, rebounding from ₹275 on February 21 and ₹270 on February 20, marking a sharp late-month upswing. However, the rally proved short-lived. Prices corrected to ₹285 per gram on February 24 and remained unchanged at the same level on February 25, signalling a pause after the pullback.

The swift jump to ₹300 followed by an equally quick decline underscores fragile sentiment and heightened uncertainty in the market. While the rebound temporarily reversed recent weakness, the inability to sustain higher levels suggests active profit-booking and cautious positioning. Overall, silver continues to trade in a volatile range, with the durability of any renewed upswing still uncertain.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹2,850 per 10g, ₹28,500 per 100g, ₹2,85,000 per kg 
• Silver Price Today in Delhi: ₹2,850 per 10g, ₹28,500 per 100g, ₹2,85,000 per kg
• Silver Price Today in Kolkata: ₹2,850 per 10g, ₹28,500 per 100g, ₹2,85,000 per kg
• Silver Price Today in Bangalore: ₹2,850 per 10g, ₹28,500 per 100g, ₹2,85,000 per kg
• Silver Price Today in Hyderabad:₹2,950 per 10g, ₹29,500 per 100g, ₹2,95,000 per kg
• Silver Price Today in Kerala: ₹2,950 per 10g, ₹29,500 per 100g, ₹2,95,000 per kg
• Silver Price Today in Pune: ₹2,850 per 10g, ₹28,500 per 100g, ₹2,85,000 per kg
• Silver Price Today in Vadodara: ₹2,850 per 10g, ₹28,500 per 100g, ₹2,85,000 per kg
• Silver Price Today in Ahmedabad: ₹2,850 per 10g, ₹28,500 per 100g, ₹2,85,000 per kg

Recent Silver Price Movements in India

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

• February 26th: ₹285 per gram, ₹2,85,000 per kg (0)
• February 25th: ₹285 per gram, ₹2,85,000 per kg (0) 
• February 24th: ₹285 per gram, ₹2,85,000 per kg (-15000)
• February 23rd: ₹300 per gram, ₹3,00,000 per kg (25000)  
• February 21st: ₹275 per gram, ₹2,75,000 per kg (5000) 

Silver prices in India continued to show sharp volatility in the latter half of February, reflecting swift shifts in investor sentiment. Prices climbed to ₹275 per gram on February 21 and then surged sharply to ₹300 per gram (₹3,00,000 per kg) on February 23, marking a strong breakout.

The rally, however, was short-lived. On February 24, silver corrected to ₹285 per gram (₹2,85,000 per kg), a decline of ₹15,000 per kg from the previous session’s peak. Prices remained unchanged at ₹285 per gram on both February 25 and February 26, signalling consolidation after the pullback.

The rapid surge followed by a correction and three consecutive sessions of stability highlights cautious market positioning. While the spike to ₹300 indicated aggressive buying momentum, the subsequent decline and sideways movement suggest profit-booking and a wait-and-watch approach among traders. Overall, the recent price action points to continued volatility, though near-term consolidation may persist unless fresh triggers emerge in the domestic or global market.

Outlook

Silver prices in India continue to trade in a volatile band in the latter half of February. Prices climbed to ₹275 per gram on February 21 and then surged sharply to ₹300 per gram (₹3,00,000 per kg) on February 23, marking a strong breakout.

The rally was followed by a correction on February 24, with prices easing to ₹285 per gram (₹2,85,000 per kg) - a decline of ₹15,000 per kg from the recent peak. Since then, silver has remained unchanged at ₹285 per gram on February 25 and February 26, indicating consolidation after the pullback.

The sharp rise, swift correction, and subsequent three-day stability highlight ongoing volatility alongside cautious positioning. While aggressive buying pushed prices to ₹300, the inability to sustain those levels suggests profit-booking and a wait-and-watch sentiment in the market.

Conclusion

As of February 26, silver prices stand at ₹285 per gram, or ₹2,85,000 per kg in most major markets. Retail rates are ₹2,850 per 10 grams across Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad. Hyderabad and Kerala are quoting higher at ₹2,950 per 10 grams (₹2,95,000 per kg), reflecting regional price variations.

The sharp spike to ₹300 per gram followed by a correction and continued consolidation underscores the fragile and reactive nature of the market. While recent sessions indicate stabilisation around ₹285 levels, silver remains in a volatile environment, with near-term direction likely to depend on global commodity trends, currency movements, and domestic demand conditions.