Silver Rate Today (18 Feb 2026): Live Silver Price in India
The silver rate in India today, Wednesday, February 18, 2026, is approximately ₹2,59,900 per kilogram (₹259.90 per gram) according to major retail trackers. However, live commodity market prices on the Multi Commodity Exchange (MCX) show silver trading at approximately ₹2,33,412 per kg for March delivery, marking a gain of about 2% during the morning session.
Today’s Silver Rates in Major Cities (Per Kg)
Rates can vary slightly by city due to local taxes and demand:
- Mumbai: ₹2,59,900 (Retail) / ₹2,33,970 (Market)
- Delhi: ₹2,59,900 (Retail) / ₹2,33,570 (Market)
- Chennai: ₹2,64,900
- Bangalore: ₹2,59,900
- Hyderabad: ₹2,64,900
- Kolkata: ₹2,59,900
Market Trends & Analysis
- Recent Performance: Silver has seen a volatile month; prices previously dipped sharply from highs of ₹3.8 lakh per kg—a 38% drop—before today’s modest rebound.
- Global Influence: International spot silver is trading near $72.86 per ounce. Prices are currently impacted by thin trading volumes due to Lunar New Year holidays in Asia and shifting expectations for U.S. Federal Reserve interest rate cuts.
- Investment Outlook: Analysts suggest silver may remain strong in 2026 due to a persistent market deficit and rising industrial and investor interest.