Silver Price Today 8 February 2026 looks calmer. After a crazy volatile week, silver prices in India showed a small bounce-back on Sunday and settled around ₹2,85,000 per kilogram in most big cities. That’s up nearly 3.6% from the recent bottom.
The sharp drop came after silver zoomed past ₹4 lakh in late January. Many people booked profits, and now the metal is finding support. Retail buyers seem happy with this level for now.
City-Wise Silver Price Today (8 February 2026)
Retail silver rates are almost the same everywhere today.
| City | Silver Price (per kg) | 10 Gram Price |
|---|---|---|
| Delhi | ₹2,85,000 | ₹2,850 |
| Mumbai | ₹2,85,000 | ₹2,850 |
| Chennai | ₹2,85,000 | ₹2,850 |
| Kolkata | ₹2,85,000 | ₹2,850 |
| Bangalore | ₹2,85,000 | ₹2,850 |
| Hyderabad | ₹2,85,000 | ₹2,850 |
| Pune | ₹2,85,000 | ₹2,850 |
| Ahmedabad | ₹2,85,000 | ₹2,850 |
Also Read: Gold Rate Today 8 February 2026: Prices Bounce Back Strongly in India
Why Silver Price Today 8 February 2026 Stabilised
On MCX, March 2026 silver futures moved between ₹2,34,063 and ₹2,65,000 per kg recently. Experts say a stronger US Dollar and tough talk from the Federal Reserve pushed prices down. Plus, after January’s big highs, lots of selling happened.
February so far: High of ₹3,50,000 (Feb 1), low of ₹2,75,000 (Feb 6). That’s about an 18% fall this month.