Silver Rates Down on Union Budget day: Silver down by 35 percent globally after massive high, check prices in Delhi, Mumbai, Kolkata, Chennai
Victor Dasgupta February 1, 2026 7:14 AM IST
According to the All India Sarafa Association, silver nosedived Rs 72,500, or 18.85 per cent, to Rs 3,12,000 per kilogram (inclusive of all taxes), marking a second straight day of heavy losses, wiping out much of this week's record gains.