File photo: Silver rate today.
| Photo Credit:
Leonhard Foeger
Silver prices in India dipped sharply on February 2 across all major cities. The price of one gram silver and one kg silver dipped ₹20 and ₹20,000, respectively compared with the previous session’s closing price. This report provides a detailed, city-by-city breakdown of the latest silver prices.
Silver Rate in India
Silver prices declinedwith the average rate settling at ₹300 per gram, down ₹20, while one kilogramme now costs ₹3,00,000, cheaper by ₹20,000.
Silver Rate in Mumbai
Silver prices in Mumbai declined to ₹300 per gram, down from ₹320, while one kilogramme now costs about ₹3,00,000, cheaper by ₹20,000.
Silver Rate in Chennai
Chennai’s silver rates have also seen a decrease to ₹3,00,000 per kg, while 1 gm of silver is available at ₹300, or ₹20 cheaper.
Silver Rate in Delhi
In Delhi, the prices moved similarly lower, tracking losses seen across major cities. The price of one kilogramme of silver dipped to ₹3,00,000 compared with ₹3,20,000 in the previous session, marking a steep ₹20,000 slide in a single day.
Silver Rate in Ahmedabad
Silver prices in Ahmedabad decreased, mirroring the downtrend seen across other parts of the country. The cost of one kilogramme fell sharply by ₹20,000 to ₹3,00,000, down from ₹3,20,000 in the previous session. In turn, 1 gm of silver was available for ₹300, cheaper by ₹20 compared with the previous session’s price of ₹320.
Silver Rate in Kolkata
In Kolkata, the white metal saw an equally strong dip, as a kilogramme became cheaper by ₹20,000 at ₹3,00,000 compared with ₹3,20,000 for which it was available yesterday.
Silver Rate in Bengaluru
In Bengaluru too, silver prices declined by ₹20 and by ₹20,000 to ₹300 per gram and to ₹3,00,000 per kg, respectively.
Silver Rates Courtesy: bankbazaar.com
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Published on February 2, 2026
