Silver is making waves today in the precious metals world! đ As of February 20, 2026, the global spot price of silver has surged impressively, hovering around **$80â81 per troy ounce** (with live quotes showing figures like $81.20â$81.26 USD on major platforms like APMEX and JM Bullion, up roughly 2â3% in recent sessions).
This marks a strong rebound, with silver climbing amid a backdrop of geopolitical tensions, a softer U.S. dollar in parts of the market, and ongoing industrial demand from solar energy, electronics, and green tech sectors. It's not just riding gold's coattails (gold sits near $5,000â$5,030/oz); silver is showing its own momentum, with some analysts noting potential for outperformance in the coming years due to structural supply tightness.
In India (relevant for folks in Faridabad/Haryana), local silver rates are reflecting this global strengthâaround **âč246ââč270 per gram** (or âč2,46,000ââč2,70,000 per kg), depending on the exact market and purity quotes from sources like major jewelers and exchanges. That's a solid uptick that could make physical silver (bars, coins, or jewelry) quite attractive right now for investors hedging or diversifying.
Silver's journey this year has been volatileâpeaking over $120 earlier in 2026 before correctionsâbut today's push feels like renewed buyer conviction. Whether you're stacking for the long term or watching the charts, silver remains one of the most dynamic "poor man's gold" plays out there.
What are your thoughtsâare you bullish on silver hitting new highs again soon, or playing it cautious? đ°đ #Silver #PreciousMetals #CommodityMarkets #Investing2026