Silver Profile
· ₹216.91/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.
Where 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.
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 ₹216.91 per gram as of August 4, 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.