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Indium Price — 10-Day Trend Behind CIGS Solar Demand
All prices in ₹ per gram · daily rate, updated once per day
The Other Real Use for Indium Besides Touchscreens
Ask most people what indium is used for, and if they know the metal at all, they'll say touchscreens. That's correct — it's the largest single source of demand, covered start to finish on this site's indium tin oxide page. But there's a second, genuinely distinct application worth understanding on its own terms: CIGS solar, short for copper indium gallium (di)selenide, a thin-film photovoltaic technology that puts indium to work as part of the semiconductor material itself, not as a coating on glass.
Today's indium rate sits at ₹69.21 per gram, September 17, 2026. Scaled up to the weights that matter for an industrial buyer or manufacturer:
- Indium price per gram: ₹69.21
- Indium price per 10g: ₹692.09
- Indium price per 100g: ₹6,920.91
- Indium price per kg: ₹69,209.09
There's no coin, bar or retail investment product built on any of these numbers. Indium trades purely as a business-to-business industrial material, and CIGS panel manufacturers are one of several buyers on the demand side — a smaller one than the display industry, but a real one.
Indium Price by Weight
Today's Indium rate is Sixty Nine Rupees per gram. At this rate, 10 grams of Indium costs Six Hundred and Ninety Two Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹69.21 | Sixty Nine Rupees |
| 8 Grams | 8.0000 g | ₹553.67 | Five Hundred and Fifty Four Rupees |
| 10 Grams | 10.0000 g | ₹692.09 | Six Hundred and Ninety Two Rupees |
| 100 Grams | 100.0000 g | ₹6,920.91 | Six Thousand Nine Hundred and Twenty One Rupees |
| 1 Kilogram | 1,000.0000 g | ₹69,209.09 | Sixty Nine Thousand Two Hundred and Nine Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹1,962.04 | One Thousand Nine Hundred and Sixty Two Rupees |
| 1 Troy Ounce | 31.1035 g | ₹2,152.64 | Two Thousand One Hundred and Fifty Three Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹69,209,089.00 | Six Crore Ninety Two Lakh Nine Thousand Eighty Nine Rupees |
How CIGS Stacks Up Against Silicon and CdTe
Three genuinely different manufacturing paths lead to a solar panel today. Crystalline silicon dominates by installed volume worldwide. CdTe, built on cadmium and tellurium, has carved out a real share mainly through utility-scale installations — this site's own cadmium telluride solar panels page covers that story. CIGS is the third path, and indium is one of the four elements that makes it work.
| Attribute | CIGS Thin-Film | Crystalline Silicon | CdTe Thin-Film |
|---|---|---|---|
| Core semiconductor material | Copper indium gallium selenide, deposited as a thin film | Purified silicon, sliced into wafers | Cadmium telluride, deposited as a thin film |
| Manufacturing approach | Layers deposited onto glass, metal foil or flexible substrates | Ingots grown, then cut into individual wafers | Layers deposited directly onto glass in a largely continuous process |
| Typical use case | Flexible, lightweight and building-integrated installations | Mainstream rooftop and utility-scale installations | Utility-scale, large flat installations |
| Key raw-material dependency | Indium and gallium — both byproduct, supply-constrained metals | Silicon — abundant, refined from ordinary quartz sand | Tellurium — a scarce copper-refining byproduct |
Why flexibility is CIGS's real selling point
Because a CIGS film can be deposited onto a flexible backing rather than only rigid glass, it opens up installations a standard silicon panel simply can't do — curved rooftops, portable or foldable panels, and building-integrated designs where the solar layer needs to follow an unusual surface rather than sit in a flat rack. That's a smaller-volume but real thin-film solar technology, valued less for beating silicon on raw output and more for going places silicon can't.
The tradeoff is the raw-material side of the ledger. A CIGS absorber layer needs indium and gallium together, and both are byproduct metals whose supply tracks decisions made in the zinc and aluminium industries rather than solar demand itself — the same structural story this site's why is indium a byproduct metal page walks through in full.
Indium Price — Last 10 Days
The most recent Indium price on record (2026-09-17) is Sixty Nine Rupees per gram. This is up by Less than One Rupees from the previous day's rate of ₹69.07.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹69.21 | +0.14 |
| 2026-09-16 | ₹69.07 | +0.03 |
| 2026-09-15 | ₹69.04 | +0.09 |
| 2026-09-14 | ₹68.95 | +0.11 |
| 2026-09-13 | ₹68.84 | +0.00 |
| 2026-09-12 | ₹68.84 | +0.04 |
| 2026-09-11 | ₹68.80 | -0.04 |
| 2026-09-10 | ₹68.84 | +0.35 |
| 2026-09-09 | ₹68.50 | -0.26 |
| 2026-09-08 | ₹68.76 | — |
What Growing Thin-Film Solar Could Mean for Indium Demand
Global solar installation has expanded substantially over the past decade, and thin-film technologies — CIGS included — have held a real, if smaller, place alongside silicon rather than fading out. If that keeps building, CIGS could add incremental pressure on top of indium's already-dominant ITO demand, though nothing here should be read as a forecast of where the indium price goes next. ITO for touchscreens and displays remains the number that moves this market day to day, and CIGS solar sits well behind it in scale.
There's no way to invest in CIGS technology through indium itself — the realistic options are shares in solar panel manufacturers or broader clean-energy funds, carrying business risks that have nothing to do with the metal's own price on any given day. For the raw historical numbers behind today's ₹69.21 per gram, this site's indium price history page tracks the year in full.
Indium Thin-Film Solar — FAQs
CIGS stands for copper indium gallium (di)selenide — a semiconductor compound that forms the light-absorbing layer in a specific thin-film solar panel technology. Indium is one of the four elements in that compound, alongside copper, gallium and selenium, which makes CIGS panels a genuine, if smaller, source of indium demand distinct from the metal's dominant use in ITO touchscreen coatings.
No, and it's a common mix-up. ITO is a transparent conductive coating used mainly on display glass — covered in full on this site's indium tin oxide page. CIGS is a different indium-containing compound that does the light-absorbing work inside a solar cell itself. Some CIGS panels also use a transparent conductive layer as a front electrical contact, which can itself be ITO, but the CIGS absorber is the separate, defining application this page is about.
They're built in fundamentally different ways. Silicon panels are cut from wafers sliced off a grown ingot. CIGS panels are made by depositing a thin semiconductor film directly onto a substrate, using a small fraction of the raw material a silicon panel needs per watt of capacity. Silicon remains the dominant technology worldwide by installed volume — CIGS is a smaller-volume but real, commercially established alternative, not a lab experiment.
Both are genuine thin-film technologies that skip silicon wafers entirely, but they lean on different semiconductor compounds — CIGS uses copper, indium, gallium and selenium, while CdTe uses cadmium and tellurium. CIGS has found more of its niche in flexible, lightweight panel formats, while CdTe has scaled mainly through rigid, utility-scale installations, as this site's cadmium telluride solar panels page covers.
It's a real factor, but a secondary one. ITO for touchscreens and displays remains indium's largest demand source by a wide margin. CIGS solar adds incremental demand on top of that, growing alongside thin-film solar installations generally, but it is not the primary driver behind the rate shown on this page.
Not directly — there is no retail bullion market for indium the way there is for gold or silver. Realistic exposure to CIGS solar demand runs through shares in solar panel manufacturers or diversified clean-energy funds, not through buying the metal itself.
