Silver Rate Today 10 February 2026 turned lower again. After yesterday’s quick recovery attempt, the white metal faced fresh selling on Tuesday. The roller-coaster ride since January’s record highs continues, with both MCX and retail markets showing dips.
Silver Rate Today 10 February 2026: MCX Update
March 2026 silver futures on MCX dropped about 1.8% to 2% during morning and mid-day trade.
- Last traded price: ₹2,57,847 per kg
- Intraday low: ₹2,56,908 per kg
- Drop: Around ₹4,773
- Global spot silver: ~$80.21 per ounce
The metal failed to hold above ₹2.6 lakh, sparking caution among traders. Many are booking profits after the recent rebound.
City-Wise Silver Rate Today 10 February 2026
Retail prices eased in most places but still sit well above normal levels. Major cities quote between ₹2.90 lakh and ₹3.00 lakh per kg.
| City | Price per 10g | Price per 1kg |
|---|---|---|
| Delhi | ₹2,900 | ₹2,90,000 |
| Mumbai | ₹2,900 | ₹2,90,000 |
| Chennai | ₹3,000 | ₹3,00,000 |
| Kolkata | ₹2,900 | ₹2,90,000 |
| Bengaluru | ₹2,900 | ₹2,90,000 |
| Hyderabad | ₹3,000 | ₹3,00,000 |
| Surat | ₹2,900 | ₹2,90,000 |
| Kerala | ₹3,000 | ₹3,00,000 |
(Note: Prices include local taxes; slight variations possible by jeweler and purity.)
Also Read: Gold Rate Today 10 February 2026: Gold Prices Refuse to Move
Why Silver Rate Today 10 February 2026 Fell
This pullback contrasts sharply with the January 29 peak of ₹4,20,048 per kg. Key reasons include:
- Profit booking after the big run-up in recent months.
- A steadier US Dollar reduced some buying interest from abroad.
- Less panic buying from China and other markets.
- The rally was mostly driven by speculation rather than real industrial demand, so shifts in mood cause fast drops (as noted by IndusInd Securities and 5paisa analysts).
Silver Rate Today 10 February 2026 feels volatile but typical after such a sharp climb. If you’re thinking of buying, these levels might offer a chance, though short-term swings look likely. Keep watching global cues and dollar moves for clues on the next direction!
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
- Indian Bullion and Jewellers Association (IBJA) – Daily Morning Bullion Rates.
- Multi Commodity Exchange (MCX) – Live Futures Data for March 2026 Contracts.
- Financial News Outlets: Goodreturns, Times of India, and 5paisa Market Reports (Feb 10, 2026).
Yogesh Kolhe is a business and market news writer covering the share market, company earnings, and gold and silver price movements, with a strong focus on the automobile sector. A Mechanical Engineering graduate with 5 years of share market experience, he provides data-driven, reliable insights into market and industry trends.
