Are you planning to buy silver today? Whether for jewelry, industrial use, or investment purposes, keeping track of daily price fluctuations is essential. Silver prices in India are influenced by various global and domestic factors, including international market trends, the strength of the Indian Rupee, and local demand.
Based on the latest data from Goodreturns, here is a comprehensive breakdown of the silver rates in India today, February 18, 2026.
Silver Price in India Today (February 18, 2026)
Today, the silver price in India has seen a slight dip, making it a potentially strategic time for buyers. The retail price for silver stands at:
- Silver Price per Gram: ₹259.90 (Down ₹0.10 from yesterday)
- Silver Price per 10 Grams: ₹2,599 (Down ₹1 from yesterday)
- Silver Price per 100 Grams: ₹25,990 (Down ₹10 from yesterday)
- Silver Price per Kilogram: ₹2,59,900 (Down ₹100 from yesterday)
Today’s Silver Rate Comparison (INR)
| Weight | Today’s Price | Yesterday’s Price | Change |
| 1 Gram | ₹259.90 | ₹260 | – ₹0.10 |
| 10 Grams | ₹2,599 | ₹2,600 | – ₹1 |
| 100 Grams | ₹25,990 | ₹26,000 | – ₹10 |
| 1 Kilogram | ₹2,59,900 | ₹2,60,000 | – ₹100 |
City-Wise Silver Rates in India Today
Silver prices vary across Indian cities due to local taxes, transportation costs, and octroi. Below are the current rates for 1 kg of silver in major Indian cities:
| City | Silver Price (per kg) |
| Mumbai | ₹2,59,900 |
| Delhi | ₹2,59,900 |
| Bangalore | ₹2,59,900 |
| Chennai | ₹2,64,900 |
| Hyderabad | ₹2,64,900 |
| Kolkata | ₹2,59,900 |
| Ahmedabad | ₹2,59,900 |
| Pune | ₹2,59,900 |
Note: Cities like Chennai and Hyderabad traditionally see slightly higher silver rates compared to the national average.
Recent Silver Price Trends (Last 10 Days)
The silver market has been highly volatile in February. After reaching highs earlier in the month, the white metal has seen a significant downward correction.
- 18 Feb 2026: ₹2,59,900 (-100)
- 17 Feb 2026: ₹2,60,000 (-8,000)
- 16 Feb 2026: ₹2,68,000 (-7,000)
- 15 Feb 2026: ₹2,75,000 (Stable)
- 01 Feb 2026: ₹3,50,000 (Monthly High)
The current price of ₹2,59,900 marks the lowest point for silver in February 2026 so far, representing a decline of over 25% from the start of the month.
Factors Influencing Silver Prices in India
Several factors contribute to the daily changes in silver rates:
- International Market Performance: Silver is a globally traded commodity. Changes in the London Bullion Market Association (LBMA) prices directly impact Indian rates.
- US Dollar Strength: Since silver is traded internationally in USD, a stronger dollar usually leads to lower silver prices in India, and vice versa.
- Import Duties: As India imports a large portion of its silver, any changes in government import duties or taxes (like GST) shift the final retail price.
- Industrial Demand: Unlike gold, silver has massive industrial applications (electronics, solar panels, etc.). Increased industrial demand can drive prices up.
- Inflation and Economic Cues: Silver is often viewed as a “safe-haven” asset. During times of economic uncertainty or high inflation, investors flock to silver, pushing prices higher.
Is Today a Good Day to Buy Silver?
With silver prices hitting a monthly low of ₹2,59,900 per kg, many analysts suggest this could be an attractive entry point for long-term investors. The recent “crash” from the February 1st high of ₹3.5 lakh provides a significant discount for those looking to accumulate the precious metal.
For the most accurate and real-time updates, always check the Goodreturns Silver Rate page before making a purchase.