Silver Price Today, 11 February 2026: Silver crashes 17% in Feb 2026 to ₹290/g after Jan's epic 47% surge city rates, MCX at ₹2.90L/kg and rebound odds analyzed for savvy investors today.
Silver Price Today, 11 February 2026
Silver Price Today, 11 February 2026: Silver is a volatile investment metal since it is both an industrial metal and a safe-haven asset unlike gold which is a stable one. However, there is a steep decline of 17% monthly at peaked rates in February 2026 and annual gains on solar panel and electronics demand are over 20% this is a correction which gives long-term holders entry points.
Excluding GST or levies, these track global spot prices adjusted for rupee at 83.5/USD while yesterday's ₹300/g level erased early gains.
MCX silver futures at ₹2,90,500/kg (-3.5% intraday) whiel gold steady near ₹1,58,000/10g. Trading volumes spiked 25% on correction bets and gold-silver ratio at 85:1 signals silver undervaluation with open interest up 12%.
| City | 10g (₹) | 100g (₹) | 1kg (₹) |
| Chennai | 3,000 | 30,000 | 3,00,000 |
| Mumbai | 2,900 | 29,000 | 2,90,000 |
| Delhi | 2,900 | 29,000 | 2,90,000 |
| Kolkata | 2,900 | 29,000 | 2,90,000 |
| Bengaluru | 2,900 | 29,000 | 2,90,000 |
| Hyderabad | 3,000 | 30,000 | 3,00,000 |
| Kerala | 3,000 | 30,000 | 3,00,000 |
| Pune | 2,900 | 29,000 | 2,90,000 |
| Vadodara | 2,900 | 29,000 | 2,90,000 |
| Ahmedabad | 2,900 | 29,000 | 2,90,000 |
| Date | 10g (₹) | 1kg (₹) |
| Feb 10 | 2,900 | 2,90,000 |
| Feb 09 | 3,000 | 3,00,000 |
| Feb 08 | 2,850 | 2,85,000 |
| Feb 07 | 2,850 | 2,85,000 |
| Feb 06 | 2,750 | 2,75,000 |
| Feb 05 | 3,000 | 3,00,000 |
| Feb 04 | 3,200 | 3,20,000 |
| Feb 03 | 2,800 | 2,80,000 |
| Feb 02 | 3,000 | 3,00,000 |
| Feb 01 | 3,500 | 3,50,000 |
| Metric | Rate (₹/kg) |
| 1 February Opening | 3,50,000 |
| 10 February Closing | 2,90,000 |
| Highest Peak | 3,50,000 (1 Feb) |
| Lowest Point | 2,75,000 (6 Feb) |
| Monthly % Change | -17.14% |
| Performance | Falling trend |
| 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 |
Rupee weakness (83.5/USD), central bank gold buys (India: 50t YTD) and silver's solar/5G demand drive hikes, amplified by supply deficits global silver mine output lags 200M oz annually.
Possible if industrial rebound and Fed cuts align ₹3,50,000/kg target if support at ₹2,80,000 holds and upside capped by gold dominance.
Why Did Silver Drop 17% this February?
Profit booking after January's 47% surge, easing global tensions and MCX futures correction from ₹3.5L/kg peak.
Is now a good time to buy silver?
Yes for long-term 17% dip offers entry near supports and industrial demand from solar/electronics likely rebounds.
Will EV battery boom make silver the next lithium play?
Silver's conductivity drives 15% demand growth yearly and2026 solar+EV needs could erase Feb's correction fast.
How to spot fake silver coins during online fire sales?
Check for 999 hallmark, magnet test, acid scratch platforms like MMTC-PAMP certify amid 17% price drops.
Smart SIP timing: Buy dips below ₹2.8L/kg or wait?
Current ₹2.9L/kg tests support and industrial restocking likely lifts to ₹3.2L by March if dollar weakens.
