Silver Profile
· ₹241.54/g today · Live chart →
Priced like a precious metal, consumed like an industrial one — silver spends half its life in jewellery boxes and the other half wired into solar panels.
COMEX
LBMA
SGE
MCXWhere Silver Is Produced & Consumed
Among this site's tracked countries:
Notable producers
Major consumers
Solar Quietly Became the Main Story
Every crystalline silicon solar panel needs a thin layer of silver paste to conduct current, and the scale-up of global solar manufacturing has pushed industrial demand — led by China's panel factories — to account for more than half of all silver used each year, ahead of jewellery and coins combined.
Mostly a Byproduct, Not a Primary Metal
Most of the world's mined silver doesn't come from dedicated silver mines — it's recovered as a byproduct of digging for copper, lead and zinc. Mexico is the major exception, a country whose silver mining identity predates the modern periodic table by centuries.
Unlike Gold, a Lot of It Never Comes Back
A large share of mined silver gets consumed industrially and never returns to the market — used up inside a solar cell or circuit board rather than melted down and resold the way jewellery is. Investors and traders also watch the gold-silver ratio (how many ounces of silver it takes to buy one ounce of gold) as a rough read on which metal looks cheap relative to the other, a ratio that has swung from under 20 to over 100 across different market cycles.
Did You Know?
Mexico produces roughly a fifth of the world's mined silver in a typical year — more than the next two largest producers combined in many years.
Frequently Asked Questions
The Silver price in India today is ₹241.54 per gram as of September 21, 2026. See the live price and chart for the full 10-day trend.
Silver's buyers split between solar-panel and electronics manufacturers (now the largest single demand block), jewellers and silverware makers, and investors buying coins and bars — a more industrially-driven mix than gold's.
Among the countries tracked on this site, Mexico, China, Australia are notable producers, while India, China, USA, Germany are among the largest consumers.
Silver is tracked on COMEX, LBMA, SGE, MCX — see each exchange's market profile for how it actually works.
