Silver prices in India have witnessed a slight correction today, making it a point of interest for investors and industrial buyers alike. According to the latest data from GoodReturns, the “common man’s gold” is currently trading with a minor downward bias across major metropolitan cities.
If you are planning to buy silver for investment, jewellery, or industrial use, staying updated with the daily price movement is essential. Below is a comprehensive look at the silver rates in India for today, February 19, 2026.
Today’s Silver Prices in India (INR)
The price of silver is highly liquid and changes daily based on international market cues and the strength of the Indian Rupee.
| Unit | Today’s Price (Feb 19) | Yesterday’s Price | Change |
| 1 Gram | ₹270 | ₹255 | + ₹15 |
| 8 Grams | ₹2,160 | ₹2,040 | + ₹120 |
| 10 Grams | ₹2,700 | ₹2,550 | + ₹150 |
| 100 Grams | ₹27,000 | ₹25,500 | + ₹1,500 |
| 1 Kilogram | ₹2,70,000 | ₹2,55,000 | + ₹15,000 |
City-Wise Silver Rates Today
Silver prices often vary across different Indian cities due to local taxes, transportation costs, and demand-supply dynamics.
| City | Price per 1 kg (Today) |
| Mumbai | ₹2,70,000 |
| Delhi | ₹2,70,000 |
| Kolkata | ₹2,70,000 |
| Bangalore | ₹2,70,000 |
| Chennai | ₹2,70,000 |
| Hyderabad | ₹2,70,000 |
| Kerala | ₹2,70,000 |
| Pune | ₹2,70,000 |
Data Source: GoodReturns
Factors Influencing Silver Prices Today
Several global and domestic factors are currently weighing on silver prices:
- International Bullion Trends: Silver prices in India take direct cues from the global market. A steady or strengthening US Dollar often puts pressure on precious metals, making them more expensive for holders of other currencies and reducing demand.
- Industrial Demand: Unlike gold, silver has massive industrial applications in solar panels, electronics, and electric vehicles. Increased industrial activity can drive prices higher.
- Currency Fluctuations: The USD to INR exchange rate plays a vital role. If the Rupee weakens against the Dollar, the cost of importing silver rises, leading to higher domestic prices.
- Gold Correlation: Historically, silver follows the price movement of gold. As gold prices face resistance or correction, silver typically follows suit.
Why Invest in Silver in 2026?
Silver remains a popular investment choice in India for several reasons:
- Affordability: It allows small-scale investors to enter the precious metals market with a lower capital outlay compared to gold.
- Hedge Against Inflation: Like all precious metals, silver acts as a safeguard against the eroding purchasing power of paper currency.
- High Liquidity: Physical silver, in the form of coins or bars, can be easily liquidated at local jewellers or bullion dealers during financial emergencies.
Conclusion
Today’s marginal dip in silver prices offers a slight relief for retail buyers. However, the overall performance for February has been volatile, with the metal reaching a high of ₹3,50,000/kg earlier in the month before settling at current levels. For long-term investors, “buying the dip” during these minor corrections is a common strategy.
Disclaimer: The prices mentioned above are indicative and do not include GST, making charges, or other local taxes. Please consult your local jeweller or a financial advisor before making any investment decisions.