Silver Rate Today 4 February 2026 staged a strong comeback. After crashing from January’s record highs above ₹4.10 lakh per kg, prices jumped sharply midday February 4.
On MCX, silver futures traded between ₹2,82,463 and ₹2,84,094 per kg. That’s up 5.4% to 6% (roughly ₹14,500–₹16,000) from yesterday’s close. The day’s high touched ₹2,84,094, while the low was ₹2,75,044.
Physical silver in major cities bounced back to around ₹3,20,000 per kg in most places. Here’s the city-wise snapshot (indicative, for 999 fine silver per 1 kg):.
Silver Rate Today 4 February 2026
| City | Silver Price (1 kg) |
|---|---|
| New Delhi | ₹3,20,000 |
| Mumbai | ₹3,20,000 |
| Chennai | ₹3,20,000 |
| Bengaluru | ₹3,20,000 |
| Hyderabad | ₹3,20,000 |
| Kolkata | ₹3,20,000 |
| Pune | ₹3,17,900 |
| Nagpur | ₹3,20,000 |
Note: Actual rates may vary slightly with local taxes, GST, and dealer charges.
The rebound in Silver Rate Today 4 February 2026 came from dip buyers stepping in after heavy profit booking and CME margin hikes earlier this week. Globally, spot silver rose near $87 per ounce, helped by a softer US dollar and steady safe-haven buying.
Also Read: Gold Rate Today 4 February 2026: MCX Gold Rallies Over 4%, Check City-Wise Rates
Even after the recent fall, silver has beaten gold over the past year. Strong industrial use in solar panels and electronics keeps long-term demand solid.
Silver Rate Today 4 February 2026 shows the market can turn fast when buyers see value.
Disclaimer: This content is for informational purposes only and should not be considered professional [financial/legal/medical] advice. Always seek the advice of a qualified professional before making any decisions based on this information.
Sources & References
- https://www.angelone.in/news/commodities/check-gold-and-silver-prices-on-feb-4-2026-across-delhi-mumbai-and-bangalore-here
- https://www.oneindia.com/business/india-gold-silver-rate-today-february-4-2026-city-wise-prices-highlight-gold-stability-silver-cor-7987547.html#:~:text=Silver%20has%20experienced%20intense%20volatility,.%204%2C10%2C000%20per%20kg.
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.
