Silver Rate Today: Silver prices remain volatile as the metal reacts sharply to global trends, currency fluctuations and changes in investor sentiment, keeping traders cautious. On Friday, February 27, the silver price stood at Rs 2,66,991 per kg and Rs 266 per gram. On the Multi Commodity Exchange (MCX), silver futures closed at Rs 2,59,700, compared to the previous close of Rs 259,669.
The white metal had earlier surged to a record high of Rs 4,10,100 per kg on January 29.
According to the data from Goodreturns, the price of silver in India on Friday, February 27, stood at Rs 285 per gram and Rs 2,85,000 per kilogram.
Silver Rates Across Major Cities
City
10 gram (Rs)
100 gram (Rs)
1 Kg (Rs)
Chennai
Rs 2,950
Rs 29,500
Rs 2,95,000
Mumbai
Rs 2,850
Rs 28,500
Rs 2,85,000
Delhi
Rs 2,850
Rs 28,500
Rs 2,85,000
Kolkata
Rs 2,850
Rs 28,500
Rs 2,85,000
Bangalore
Rs 2,850
Rs 28,500
Rs 2,85,000
Hyderabad
Rs 2,950
Rs 29,500
Rs 2,95,000
Kerala
Rs 2,950
Rs 29,500
Rs 2,95,000
Pune
Rs 2,850
Rs 28,500
Rs 2,85,000
Vadodara
Rs 2,850
Rs 28,500
Rs 2,85,000
Ahmedabad
Rs 2,850
Rs 28,500
Rs 2,85,000
Jaipur
Rs 2,850
Rs 28,500
Rs 2,85,000
Lucknow
Rs 2,850
Rs 28,500
Rs 2,85,000
Coimbatore
Rs 2,950
Rs 29,500
Rs 2,95,000
Madurai
Rs 2,950
Rs 29,500
Rs 2,95,000
Vijayawada
Rs 2,950
Rs 29,500
Rs 2,95,000
Patna
Rs 2,850
Rs 28,500
Rs 2,85,000
Nagpur
Rs 2,850
Rs 28,500
Rs 2,85,000
Chandigarh
Rs 2,850
Rs 28,500
Rs 2,85,000
Surat
Rs 2,850
Rs 28,500
Rs 2,85,000
Bhubaneswar
Rs 2,950
Rs 29,500
Rs 2,95,000
Mangalore
Rs 2,850
Rs 28,500
Rs 2,85,000
Visakhapatnam
Rs 2,950
Rs 29,500
Rs 2,95,000
Nashik
Rs 2,850
Rs 28,500
Rs 2,85,000
Mysore
Rs 2,850
Rs 28,500
Rs 2,85,000
Salem
Rs 2,950
Rs 29,500
Rs 2,95,000
Rajkot
Rs 2,850
Rs 28,500
Rs 2,85,000
Trichy
Rs 2,950
Rs 29,500
Rs 2,95,000
Ayodhya
Rs 2,850
Rs 28,500
Rs 2,85,000
Cuttack
Rs 2,950
Rs 29,500
Rs 2,95,000
What Happened In The Previous Session
Meanwhile, on Thursday, according to the All India Sarafa Association, silver prices declined by Rs 7,400, nearly 3 per cent, slipping to Rs 2,70,500 per kg (inclusive of all taxes), down from the previous close of Rs 2,77,900 per kg.
Traders attributed the decline mainly to weak cues from global markets and light profit-booking after prices had surged to a three-week high earlier in the week. A stronger US dollar also curbed investor interest in bullion.
(The data have been taken from the All India Bullion and will be updated frequently.)
