Silver Rate Today 12 February 2026 cooled off a bit. After a strong bounce earlier this week, the white metal slipped into consolidation mode. Stronger-than-expected US jobs data dampened hopes for quick Fed rate cuts, giving silver a short-term breather.
Silver Rate Today City Wise
Retail silver sits between ₹2,89,900 and ₹3,00,000 per kg, varying by city taxes and transport costs.
| City | Silver Rate (per kg) |
|---|---|
| Chennai | ₹2,99,900 |
| Hyderabad | ₹3,00,000 |
| Kerala | ₹3,00,000 |
| Mumbai | ₹2,89,900 |
| Delhi | ₹2,89,900 |
| Kolkata | ₹2,89,900 |
| Bangalore | ₹2,89,900 |
| Pune | ₹2,89,900 |
| Ahmedabad | ₹2,89,900 |
Also Read: Gold Rate Today 12 February 2026: Check City Wise & MCX Gold Rates
MCX Silver Rate Today 12 February 2026
March 2026 futures traded with a downward tilt.
- Current price: ~₹2,60,095 per kg
- Daily drop: ₹3,271 (~1.24%)
- Intraday low: ₹2,58,730 per kg
Why Silver Rate Today 12 February 2026 Fell
- US January nonfarm payrolls surprised higher (130K added jobs), showing a tough economy.
- Treasury yields rose and US Dollar strengthened, making silver less appealing.
- Markets now expect the next Fed rate cut closer to July 2026 instead of June.
Still, long-term demand looks solid. Silver stays key for solar panels, EVs, and green tech, which keep growing fast in 2026.
Short-Term View for Silver Rate Today 12 February 2026
Analysts call this a normal corrective phase. Support on MCX lies near ₹2,51,000–₹2,58,000. A fresh upmove needs steady closes above ₹2,75,000 on futures or ₹3,10,000 in retail.
If you’re tracking silver, today’s dip in Silver Rate Today 12 February 2026 feels like a pause – not a trend change yet.
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.goodreturns.in/news/gold-rates-silver-rates-today-live-comex-mcx-gold-silver-price-24k-22k-18k-gold-prices-february-12-1488819.html#:~:text=At%20the%20time%20of%20writing,Rs%202%2C63%2C018%20per%201Kg.
- https://www.financialexpress.com/market/silver/mcx-silver-rate-today-in-india-on-12th-feb-2026-live-updates-check-silver-chandi-price-1gm-10gm-100gm-in-delhi-mumbai-hyderabad-bengaluru/4139730/#:~:text=%E2%80%9CMCX%20Silver%20futures%20are%20trading,ongoing%20short%2Dterm%20corrective%20pressure.
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.
