Silver prices in India declined on February 10, 2026, tracking weakness in global markets and profit booking after recent volatility. As per the latest available data, the price of silver stood at Rs 290 per gram and Rs 2,90,000 per kilogram, marking a sharp day-on-day decline.
On a per-gram basis, silver slipped Rs 10, compared with yesterday’s level of Rs 300 per gram. The fall was consistent across denominations. The price of 8 grams of silver dropped to Rs 2,320, down Rs 80, while 10 grams was quoted at Rs 2,900, lower by Rs 100. For larger quantities, 100 grams of silver declined by Rs 1,000 to Rs 29,000, and 1 kilogram saw a steep fall of Rs 10,000 from the previous day’s level of Rs 3,00,000.
The correction in domestic silver prices comes amid heightened volatility in international bullion markets, where silver has seen sharp intraday swings after a strong rally followed by profit booking. Movements in global silver prices, along with currency fluctuations and physical demand trends, continue to influence domestic rates.
Silver prices in India are largely derived from international benchmarks and adjusted for factors such as import duties, taxes and local demand-supply dynamics. Any sharp move in overseas markets is quickly reflected in domestic pricing, especially for larger weights like 1 kg bars.
With silver witnessing significant price action in recent sessions, market participants are closely tracking global cues and upcoming macroeconomic developments for further direction.
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