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Silver prices extended their fall for the second straight session on Friday, February 6, slipping around 6% amid a stronger U.S. dollar and a broader global risk-off mood. On the MCX, silver dropped to an intraday low of ₹2,29,187 per kg, while gold eased nearly 2% to ₹1,49,396 per 10 grams. Globally, COMEX silver plunged over 9% to $63.90, while gold prices also traded lower, keeping both metals on track for weekly losses.
| City | 24K (₹/10g) | 22K (₹/10g) | 20K (₹/10g) | 18K (₹/10g) |
| New Delhi | ₹1,50,360 | ₹1,37,830 | ₹1,25,300 | ₹1,12,770 |
| Kolkata | ₹1,50,420 | ₹1,37,885 | ₹1,25,350 | ₹1,12,815 |
| Mumbai | ₹1,50,620 | ₹1,38,068 | ₹1,25,517 | ₹1,12,965 |
| Bangalore | ₹1,50,740 | ₹1,38,178 | ₹1,25,617 | ₹1,13,055 |
Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.
| City | Silver 999 Fine (₹/Kg) |
| New Delhi | ₹2,33,290 |
| Kolkata | ₹2,33,390 |
| Mumbai | ₹2,33,690 |
| Bangalore | ₹2,33,880 |
Note: These prices are indicative. Actual prices may vary depending on the dealer's margins, making charges, GST, and other applicable levies.
Gold and silver prices continue to show strong momentum in India, with significant year-on-year gains reflecting positive investor sentiment and global trends. As seen across Delhi, Mumbai, and Bangalore, the rise in precious metal prices highlights their appeal as a hedge against inflation and economic uncertainty.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Feb 6, 2026, 10:35 AM IST

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