Silver Price Today, 20 February 2026: Silver prices in Delhi edged marginally higher on Friday, extending a tentative recovery from the multi-month low hit earlier in the week. After the dramatic drop that erased more than 35% of the metal’s January all-time high, it is still showing signs of stabilization.
Silver Price Today (20 February, 2026)
- 1g Silver: ₹270.10 per gram (+₹0.10)
- 10g Silver: ₹2,701 for 10g
- 1 Kg Silver: ₹2,70,100 per kg (+₹100)
These rates follow global spot prices that have been adjusted for the rupee, excluding GST and levies. The slight increase of ₹100 per kilogram is the second straight session of advances, but prices are still very low.
Silver Rate Today (20 February, 2026): Tentative Recovery Continues
- Hit ₹3,50,000/kg on Feb 1 amid Middle East tensions.
- Plunged to a multi-month low of ₹2,55,000/kg by Feb 18 on relentless selling.
- At ₹2,70,100/kg, the price has recovered more than ₹15,000 from the weekly low.
- Net monthly drop remains severe at -22.83% from the February 1 peak of ₹3.50 lakh.
- From the January all-time high of ₹4.10 lakh, silver remains down nearly 34%.
Today Silver Price Per Gram/Kg in Delhi (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹270.10 | ₹270 | + ₹0.10 |
| 8 | ₹2,160.80 | ₹2,160 | + ₹0.80 |
| 10 | ₹2,701 | ₹2,700 | + ₹1 |
| 100 | ₹27,010 | ₹27,000 | + ₹10 |
| 1000 | ₹2,70,100 | ₹2,70,000 | + ₹100 |
Silver Price Today: MCX Gold and Silver Prices (20 February, 2026)
- MCX Silver (Feb 2026) futures: Trading modestly higher near ₹2,65,000 per kg, reflecting cautious optimism.
- MCX Gold (Feb 2026) futures: Strongly higher near ₹1,56,640 per 10g, showing leadership in the recovery.
The gold-silver ratio remains elevated near 90:1, though it has moderated slightly from the week’s peak.
Silver Prices in Mumbai
- 10g: ₹2,701
- 100g: ₹27,010
- 1kg: ₹2,70,100
The wholesale hub saw modest buying interest as sentiment slowly improves.
Silver Rate Today in Delhi
- 10g: ₹2,701
- 100g: ₹27,010
- 1kg: ₹2,70,100
The capital city recorded a marginal uptick, extending the recovery from the weekly low.
Silver Prices in Kolkata
- 10g: ₹2,701
- 100g: ₹27,010
- 1kg: ₹2,70,100
Aligns with pan-India trend; selective restocking emerging at lower levels.
Silver Rate in Bengaluru
- 10g: ₹2,701
- 100g: ₹27,010
- 1kg: ₹2,70,100
Industrial demand from electronics sector beginning to show at these depressed prices.
Silver Prices in Chennai
- 10g: ₹2,701
- 100g: ₹27,010
- 1kg: ₹2,70,100
The southern hub’s traditional premium remains compressed; rates at par with national average.
Silver Price City-Wise (₹/kg)
| City | 10g (₹) | 100g (₹) | 1kg (₹) |
|---|---|---|---|
| Chennai | 2,701 | 27,010 | 2,70,100 |
| Mumbai | 2,701 | 27,010 | 2,70,100 |
| Delhi | 2,701 | 27,010 | 2,70,100 |
| Kolkata | 2,701 | 27,010 | 2,70,100 |
| Bengaluru | 2,701 | 27,010 | 2,70,100 |
| Hyderabad | 2,701 | 27,010 | 2,70,100 |
| Kerala | 2,701 | 27,010 | 2,70,100 |
| Pune | 2,701 | 27,010 | 2,70,100 |
| Ahmedabad | 2,701 | 27,010 | 2,70,100 |
Silver Rate in Delhi for Last 10 Days
| Date | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| 20 Feb, 2026 | ₹2,701 | ₹27,010 | ₹2,70,100 |
| 19 Feb, 2026 | ₹2,700 | ₹27,000 | ₹2,70,000 |
| 18 Feb, 2026 | ₹2,550 | ₹25,500 | ₹2,55,000 |
| 17 Feb, 2026 | ₹2,600 | ₹26,000 | ₹2,60,000 |
| 16 Feb, 2026 | ₹2,680 | ₹26,800 | ₹2,68,000 |
| 15 Feb, 2026 | ₹2,750 | ₹27,500 | ₹2,75,000 |
| 14 Feb, 2026 | ₹2,750 | ₹27,500 | ₹2,75,000 |
| 13 Feb, 2026 | ₹2,800 | ₹28,000 | ₹2,80,000 |
| 12 Feb, 2026 | ₹2,950 | ₹29,500 | ₹2,95,000 |
| 11 Feb, 2026 | ₹2,900 | ₹29,000 | ₹2,90,000 |
Silver Price Movement in Delhi, February 2026
| Metric | Rate (₹/kg) |
|---|---|
| 1 February Opening | 3,50,000 |
| 20 February Closing | 2,70,100 |
| Highest Peak | 3,50,000 (1 Feb) |
| Lowest Point | 2,55,000 (18 Feb) |
| Monthly % Change | -22.83% |
| Performance | Recovering from lows |
Silver Price Movement in January 2026
| Metric | Rate (₹/kg) |
|---|---|
| 1 January Opening | 2,38,000 |
| 31 January Closing | 3,50,000 |
| Highest Peak | 4,10,000 (29 Jan) |
| Lowest Point | 2,38,000 (1 Jan) |
| Monthly % Change | +47.06% |
| Performance | Rising sharply |
Top Online Platforms to Buy Silver in India (2026)
Digital Gold & Silver Apps: PhonePe (MMTC-PAMP, SafeGold), Google Pay, Paytm, OroPocket (₹1 entry, Bitcoin rewards).
Jewellery Brand Platforms: Tanishq, CaratLane, Kalyan Jewellers Candere (silver coins, bars, utensils).
Physical Bullion Platforms: MMTC-PAMP (999.9 purity silver bars/coins), Augmont, Motilal Oswal.
Why Is Silver Slowly Recovering?
The tentative two-day recovery follows the establishment of a new multi-month low at ₹2,55,000 per kg on February 18. This level appears to have attracted some value buying, both from retail investors and industrial users who view current prices as attractive. A wider bounce in precious metals, with gold leading the way higher, is also bolstering the recovery. Nonetheless, the gains are still small in comparison to the magnitude of the previous catastrophe, suggesting that investor confidence is still brittle.
Has Silver Finally Bottomed Out?
The recovery from ₹2,55,000 to ₹2,70,000 suggests that the extreme selling pressure may have exhausted itself, at least temporarily. For a true bottom to be confirmed, silver needs to establish a higher low and break above key resistance levels, starting with ₹2,75,000 and then ₹2,85,000. It is a cautiously optimistic sign that the metal has recorded two straight positive sessions, the first of which occurred in February. Analysts caution that bear markets can have brief but intense relief rallies before more selling takes over.
