Silver Price Today, 14 February 2026: Silver prices in India crash 5% in a single session to ₹2.80 lakh/kg. Get latest MCX rates, city-wise prices in Delhi, Mumbai, Chennai, Kolkata & more for 14 February 2026. Full analysis of the 20% February decline inside.
Silver Price Today, 14 February 2026
Silver Price Today, 14 February 2026: In a single session, the small gains made over the week were reversed by a dramatic sell-off in silver prices in Delhi on Saturday. As aggressive profit-booking and deteriorating mood sparked a new wave of selling across all major hubs, the metal fell more than 5%, returning to its February low.
Although the correction is widespread, the percentage decrease in silver is particularly pronounced.
The wholesale hub saw aggressive selling, mirroring the national crash.
The capital city witnessed a sharp ₹15 per gram drop, with selling pressure across the board.
Aligns with pan-India crash; restocking activity completely paused.
Industrial demand failed to provide support amid the broad-based sell-off.
The southern hub's traditional premium has completely evaporated; rates now align with national average.
| City | 10g (₹) | 100g (₹) | 1kg (₹) |
|---|---|---|---|
| Chennai | 2,800 | 28,000 | 2,80,000 |
| Mumbai | 2,800 | 28,000 | 2,80,000 |
| Delhi | 2,800 | 28,000 | 2,80,000 |
| Kolkata | 2,800 | 28,000 | 2,80,000 |
| Bengaluru | 2,800 | 28,000 | 2,80,000 |
| Hyderabad | 2,800 | 28,000 | 2,80,000 |
| Kerala | 2,800 | 28,000 | 2,80,000 |
| Pune | 2,800 | 28,000 | 2,80,000 |
| Ahmedabad | 2,800 | 28,000 | 2,80,000 |
| Date | 10g (₹) | 1kg (₹) |
|---|---|---|
| 14 Feb, 2026 | 2,800 | 2,80,000 |
| 13 Feb, 2026 | 2,951 | 2,95,100 |
| 12 Feb, 2026 | 2,950 | 2,95,000 |
| 11 Feb, 2026 | 2,900 | 2,90,000 |
| 10 Feb, 2026 | 2,900 | 2,90,000 |
| 09 Feb, 2026 | 3,000 | 3,00,000 |
| 08 Feb, 2026 | 2,850 | 2,85,000 |
| 07 Feb, 2026 | 2,850 | 2,85,000 |
| 06 Feb, 2026 | 2,750 | 2,75,000 |
| 05 Feb, 2026 | 3,000 | 3,00,000 |
| Metric | Rate (₹/kg) |
|---|---|
| 1 February Opening | 3,50,000 |
| 14 February Closing | 2,80,000 |
| Highest Peak | 3,50,000 (1 Feb) |
| Lowest Point | 2,75,000 (6 Feb) |
| Monthly % Change | -20.00% |
| Performance | Sharp decline |
| 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 |
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.
The brutal 20% decline from the February 1 peak of ₹3.50 lakh/kg is attributed to a combination of factors. Aggressive profit-booking after January's historic 47% surge was the primary trigger. This was amplified by hawkish Federal Reserve expectations following the nomination of Kevin Warsh as Fed Chair, which strengthened the US dollar. Global exchanges increased their margins, forcing traders with leverage to unwind their bets. When the crucial support level at ₹2.90 lakh was broken, the steep decline of today probably set off stop-loss cascades, which accelerated the decline.
The critical test for silver now is whether it can defend the February low of ₹2.75 lakh per kg. A decisive break below this level could open the door for a test of ₹2.60 lakh or even lower. In the short term, though, the market looks to be severely oversold, and a technical bounce is not completely out of the question. Industrial demand, especially from the solar and 5G industries, as well as any decline in the value of the US dollar, will determine the recovery's course.
For long-term investors with a high-risk appetite, the 20% February crash presents a potential accumulation zone. Industrial demand drivers—solar panel manufacturing, electric vehicles, and electronics—remain structurally intact. However, analysts caution that silver's volatility cuts both ways; prices could remain range-bound until clearer catalysts emerge. During such volatile times, cost averaging is possible using systematic investment plans (SIPs) in digital silver or silver ETFs. The secret is to avoid trying to catch a falling knife and to only allocate a percentage of one's portfolio.
