Silver Price Today, 20 February 2026: Silver prices in Delhi edge higher to ₹2,70,100/kg on February 20, 2026. Get latest MCX rates, 10-day trend, city-wise prices in Chennai, Mumbai, Kolkata & more. 22.8% February correction analysis.
Silver Price Today, 20 February 2026
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.
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.
| 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 |
The gold-silver ratio remains elevated near 90:1, though it has moderated slightly from the week's peak.
The wholesale hub saw modest buying interest as sentiment slowly improves.
The capital city recorded a marginal uptick, extending the recovery from the weekly low.
Aligns with pan-India trend; selective restocking emerging at lower levels.
Industrial demand from electronics sector beginning to show at these depressed prices.
The southern hub's traditional premium remains compressed; rates at par with national average.
| 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 |
| 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 |
| 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 |
| 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 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.
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.
