Spot silver rose by USD 3.02, or 4.26 percent, to $74 per ounce. Earlier in the day, silver had plunged nearly 10 percent to USD 64.08 per ounce.
Published: February 7, 2026 9:20 AM IST
Silver Price Today, February 7 UPDATE: In a major development, Silver prices have witnessed a massive drop across the country. As per the All India Sarafa Association, the rates in Delhi fell by Rs 13,000 to Rs 2,55,000 per kilogram (including all taxes). Silver futures slipped to Rs 2,49,499 per kg on the Multi Commodity Exchange (MCX). To recall, on January 29, the prices of Silver had touched a record high of Rs 4,20,048 per kg on January 29. In international markets, spot silver rose to $74 per ounce.
Meanwhile, as per a Goodreturns report, silver dropped by Rs 25,000 to Rs 2,75,000 per kg. Earlier, on January 29, silver had reached an all-time high of Rs 4,10,100 per kg. According to the Indian Bullion and Jewellers Association (IBJA), by the time markets closed on Friday evening, silver prices had fallen to Rs 2,44,929 per kg.
ALSO READ: Gold Price Today, February 7 Live: Gold prices rise again, silver continues to trade lower
It is important to note that since markets will remain closed on Saturday and Sunday, the same rates will be applicable on both days.
| City | 10 gram Silver price | 100-gram Silver price |
1 Kg Silver price |
| Delhi | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Mumbai | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Kolkata | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Chennai | ₹2,800 | ₹28,000 | ₹2,80,000 |
| Patna | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Lucknow | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Meerut | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Kanpur | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Ayodhya | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Ghaziabad | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Noida | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Gurugram | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Chandigarh | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Jaipur | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Ahmedabad | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Pune | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Ludhiana | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Guwahati | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Indore | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Surat | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Nagpur | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Nasik | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Bengaluru | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Vadodara | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Bhubaneshwar | ₹2,800 | ₹28,000 | ₹2,80,000 |
| Cuttack | ₹2,800 | ₹28,000 | ₹2,80,000 |
| Kerala | ₹2,800 | ₹28,000 | ₹2,80,000 |
| Raipur | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Hyderabad | ₹2,800 | ₹28,000 | ₹2,80,000 |
What was yesterday’s silver price?
As per the All India Sarafa Association, silver prices in Delhi witnessed a massive fall on Friday. Silver slipped by nearly 5 percent to Rs 2.55 lakh per kilogram.
The association said silver fell by ₹13,000, or 4.85 percent, to ₹2,55,000 per kilogram (including all taxes). It is important to note that on Thursday, it had closed at Rs 2,68,000 per kilogram. In international markets, after an initial decline, bullion prices saw a sharp recovery of over four percent. Spot silver rose by USD 3.02, or 4.26 percent, to $74 per ounce. Earlier in the day, silver had plunged nearly 10 percent to USD 64.08 per ounce.
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Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: india.com
