Silver Rate Today 9 February 2026 brought a much-needed smile. After a wild drop last week, silver prices in India bounced back strongly today. Bargain hunters jumped in, the US dollar weakened, and global positive signals helped push prices higher.
MCX Silver Price Today
Trading kicked off with heavy buying on the Multi Commodity Exchange. March 2026 silver futures shot up 4% to 5.6%, moving between ₹2,59,700 and ₹2,64,885 per kg. That’s a solid gain of ₹10,000 to ₹14,000 in early trade.
Experts say silver was oversold and now looks like it’s catching its breath, though everyone is watching the next US inflation numbers closely.
City-Wise Silver Rate Today 9 February 2026
Retail silver crossed ₹2,84,900 per kg in most big cities. Prices look almost the same everywhere, with tiny differences due to local taxes or jeweler charges.
| City | 10 Gram | 100 Gram | 1 Kg |
|---|---|---|---|
| Chennai | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Mumbai | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Delhi | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Kolkata | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Bangalore | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Hyderabad | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Kerala | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Pune | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Vadodara | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Ahmedabad | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Jaipur | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Lucknow | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Coimbatore | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Madurai | ₹2,849 | ₹28,490 | ₹2,84,900 |
Also Read: Gold Rate Today 9 February 2026: Prices Jump Back Strongly in India After Correction
Why Silver Rate Today 9 February 2026 Rose
The US dollar got softer, making silver cheaper for buyers outside India. Geopolitical worries in the Middle East and Eastern Europe kept people turning to safe metals.
After silver crashed over 40% from its January peak of ₹4.20 lakh, today felt like the perfect time to buy the dip. Global spot silver also climbed over 2.5% to near $80 per ounce.
What’s Next for Silver Rate Today 9 February 2026
This rally gives relief, but February overall is still down from January highs. Watch support at ₹2,30,000 and resistance near ₹2,65,000 on MCX. If you’re thinking of buying silver coins, bars, or jewellery, today’s Silver Rate Today 9 February 2026 looks much better than last week’s lows. Stay tuned for US data – it can move prices fast!
Disclaimer: The information in this article is for informational and educational purposes only. While we strive for accuracy, we make no guarantees regarding the completeness or reliability of this content. Use of this information is strictly at your own risk.
Sources & References
- https://www.livemint.com/market/commodities/silver-rate-today-jumped-4-on-mcx-amid-dip-buying-on-weak-dollar-is-the-white-metal-rally-back-gold-prices-also-rose-11770607173516.html
- https://www.oneindia.com/business/gold-silver-rate-today-february-9-2026-know-city-wise-prices-as-mcx-futures-signal-strong-momentu-011-7992743.html#:~:text=Gold%20Silver%20price%20today%3A%20MCX,higher%20than%20the%20previous%20session.