Vadodara, February 8: Silver prices in Vadodara remained unchanged on Sunday, February 8, 2026, as the market entered a consolidation phase following a week of intense volatility. The white metal is currently trading at ₹2,85,000 per kilogram, holding the gains from a late-week rebound. This stability comes as a relief to local buyers after a tumultuous 10-day period that saw prices crash from January highs before finding a support level over the weekend. Scroll below to check silver prices in Vadodara and check the last 10 days' rates of the white metal.

Today’s Silver Rates in Vadodara

Retail prices in the city have stabilised after a minor recovery on Saturday, February 7. Silver Rate Today, February 08, 2026: Check Latest Prices of White Metal in Delhi, Mumbai, Chennai, and Other Major Cities.

As of today, the rates for various weights are:

Weight Today's Price (INR) Yesterday's Price (INR) Change
1 Gram INR 285 INR 285 INR 0
10 Grams INR 2,850 INR 2,850 INR 0
100 Grams INR 28,500 INR 28,500 INR 0
1 Kilogram INR 2,85,000 INR 2,85,000 INR 0

Note: Prices mentioned are indicative and do not include GST (3 per cent), TCS, or local making charges.

10-Day Silver Price Trajectory: A Steep Correction

The last 10 days in Vadodara have been marked by a significant downward trend, largely influenced by post-Budget market adjustments and global cues. After touching a peak of INR 4.10 lakh in late January, the metal witnessed one of its sharpest short-term declines.

Date Silver Rate (1 KG) Daily Change
Feb 08, 2026 INR 2,85,000 Steady (₹0)
Feb 07, 2026 INR 2,85,000 +INR 10,000 (Recovery)
Feb 06, 2026 INR 2,75,000 -INR 25,000 (Monthly Low)
Feb 05, 2026 INR 3,00,000 -INR 20,000
Feb 04, 2026 INR 3,20,000 +INR 40,000
Feb 03, 2026 INR 2,80,000 -INR 20,000
Feb 02, 2026 INR 3,00,000 -INR 50,000 (Post-Budget)
Feb 01, 2026 INR 3,50,000 Steady (INR 0)
Jan 31, 2026 INR 3,50,000 -INR 45,000
Jan 30, 2026 INR 3,95,000 -INR 15,000

Market Context and Drivers

Local jewellers in the Alkapuri and Mandvi markets attribute the current price levels to a mix of global and domestic factors. Internationally, a stronger U.S. Dollar has put pressure on precious metals, while domestically, the recent Union Budget 2026 announcements regarding import duties triggered a massive sell-off. The dip to INR 2.75 lakh on February 6 sparked a wave of "bargain-hunting" by retail investors, which helped the price bounce back to the current INR 2.85 lakh level.

Gold Rate Today, February 08, 2026: Check 22K & 24K Gold Prices in Delhi, Mumbai, Chennai and Other Cities.

Investment Outlook

Analysts suggest that while the immediate "panic selling" has subsided, the market remains sensitive to industrial demand and fluctuations in the MCX futures. For those looking to buy for the upcoming wedding season, experts recommend tracking the INR 2.65 lakh to INR 2.90 lakh range, as the metal appears to be forming a new base in this territory.

TruLY Score by LatestLY
Rating:3

TruLY Score 3 – Believable; Needs Further Research | On a Trust Scale of 0-5 this article has scored 3 on LatestLY, this article appears believable but may need additional verification. It is based on reporting from news websites or verified journalists (Good Returns), but lacks supporting official confirmation. Readers are advised to treat the information as credible but continue to follow up for updates or confirmations

(The above story first appeared on LatestLY on Feb 08, 2026 03:56 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).