Silver rate today 6 February 2026 fell hard again. After touching record highs near ₹4,10,000 per kg in late January, the white metal corrected sharply. Profit booking and a stronger US dollar drove the slide.
On MCX, March silver futures dropped about 6%. It hit an intraday low of ₹2,35,650 per kg. Global risk-off mood and overbought technical levels triggered the heavy selling.
Silver Rate Today 6 February 2026 – Citywise (per 1 kg)
Retail prices include local taxes and vary slightly by city. Here’s what buyers paid today:
| City | Silver Rate (₹/kg) |
|---|---|
| Mumbai | 246,870 |
| Delhi | 246,440 |
| Bengaluru | 247,060 |
| Chennai | 247,590 |
| Hyderabad | 247,260 |
| Kolkata | 246,540 |
Also Rate: Gold Rate Today 6 February 2026: Prices Dip Then Recover Slightly on MCX
Short term looks bearish with more swings likely. But long-term story stays strong. Industrial use in EVs, solar panels, and green tech keeps demand solid. Many experts say silver rate today 6 February 2026 offers a chance for step-by-step buying as it hunts for a bottom.
If you follow silver, today’s levels feel cheaper than recent peaks. Keep watching dollar moves and global sentiment – they’ll decide the next direction.
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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.
