Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver Is On A Tear Today
>
Reply to Thread
Message:
<p>[QUOTE="Heavymetal, post: 26569318, member: 96124"]India is growing and so is their silver consumption </p><p>Doing their part to add to my wealth</p><p>India's silver demand is high, driven by its use in jewelry, industrial applications like electronics and solar panels, and investment in coins and bars. While the country is the world's largest silver consumer, it relies on imports for over 80% of its supply, leading to a significant import volume to meet domestic needs. Jewelry fabrication is the largest share of demand, though demand for coins and bars has also surged due to strong investor sentiment, particularly during festive seasons. </p><p>Key drivers of silver demand in India </p><ul> <li><b>Jewelry:</b> <br /> India is the leading market for silver jewelry, with demand increasing due to a positive economic backdrop and a preference for higher purity silver. </li> <li><b>Industrial use:</b> <br /> Significant demand comes from the electronics and solar energy sectors. </li> <li><b>Investment:</b> <br /> There is a strong investor preference for silver coins and bars, which saw a 21% surge in 2024. </li> <li><b>Cultural factors:</b> <br /> Festivals like Diwali drive substantial demand for silver as a symbol of prosperity and a popular gift. </li> <li><b>Economic conditions:</b> <br /> A strong rural economy and recovering employment and income levels have boosted overall consumption. </li> </ul><p>Supply and import situation </p><ul> <li><a href="https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=High+consumption%2C+low+production&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUItgIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=High+consumption%2C+low+production&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUItgIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3" rel="nofollow"><b>High consumption, low production:</b> </a><br /> India's annual consumption is around 8,100 tonnes, while its domestic production is only about 700 tonnes, creating a large gap.</li> <li><a href="https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Reliance+on+imports&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUIxwIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Reliance+on+imports&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUIxwIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3" rel="nofollow"><b>Reliance on imports:</b> </a><br /> To meet domestic needs, India imports a substantial amount of silver annually, with sources including the UAE, Britain, and China. </li> <li><a href="https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Recent+import+trends&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUItwIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Recent+import+trends&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUItwIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3" rel="nofollow"><b>Recent import trends:</b> </a><br /> Despite some early-year import slowdowns, strong demand in recent months is expected to drive imports higher to restock depleted inventories. </li> </ul><p>Recent market dynamics </p><ul> <li><a href="https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Price+increases+and+premiums&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUIwAIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Price+increases+and+premiums&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUIwAIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3" rel="nofollow"><b>Price increases and premiums:</b> </a><br /> The high demand has led to record-high prices and premiums over international prices. </li> <li><a href="https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Investor+behavior&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUIyAIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Investor+behavior&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUIyAIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3" rel="nofollow"><b>Investor behavior:</b> </a><br /> In 2025, a shortage of physical silver was seen, and despite record prices, investors remained bullish, with little scrap silver coming onto the market, as noted by <a href="https://www.google.com/url?q=https://www.cnbc.com/2025/11/29/silver-hit-record-highs-in-2025-and-still-has-further-to-run.html&sa=U&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQjJEMegUIxQIQAQ&usg=AOvVaw0oXVGNtggf4IlEvhOO11Dy" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.google.com/url?q=https://www.cnbc.com/2025/11/29/silver-hit-record-highs-in-2025-and-still-has-further-to-run.html&sa=U&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQjJEMegUIxQIQAQ&usg=AOvVaw0oXVGNtggf4IlEvhOO11Dy" rel="nofollow">CNBC</a>. </li> </ul><p>[/QUOTE]</p><p><br /></p>
[QUOTE="Heavymetal, post: 26569318, member: 96124"]India is growing and so is their silver consumption Doing their part to add to my wealth India's silver demand is high, driven by its use in jewelry, industrial applications like electronics and solar panels, and investment in coins and bars. While the country is the world's largest silver consumer, it relies on imports for over 80% of its supply, leading to a significant import volume to meet domestic needs. Jewelry fabrication is the largest share of demand, though demand for coins and bars has also surged due to strong investor sentiment, particularly during festive seasons. Key drivers of silver demand in India [LIST] [*][B]Jewelry:[/B] India is the leading market for silver jewelry, with demand increasing due to a positive economic backdrop and a preference for higher purity silver. [*][B]Industrial use:[/B] Significant demand comes from the electronics and solar energy sectors. [*][B]Investment:[/B] There is a strong investor preference for silver coins and bars, which saw a 21% surge in 2024. [*][B]Cultural factors:[/B] Festivals like Diwali drive substantial demand for silver as a symbol of prosperity and a popular gift. [*][B]Economic conditions:[/B] A strong rural economy and recovering employment and income levels have boosted overall consumption. [/LIST] Supply and import situation [LIST] [*][URL='https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=High+consumption%2C+low+production&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUItgIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3'][B]High consumption, low production:[/B] [/URL] India's annual consumption is around 8,100 tonnes, while its domestic production is only about 700 tonnes, creating a large gap. [*][URL='https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Reliance+on+imports&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUIxwIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3'][B]Reliance on imports:[/B] [/URL] To meet domestic needs, India imports a substantial amount of silver annually, with sources including the UAE, Britain, and China. [*][URL='https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Recent+import+trends&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUItwIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3'][B]Recent import trends:[/B] [/URL] Despite some early-year import slowdowns, strong demand in recent months is expected to drive imports higher to restock depleted inventories. [/LIST] Recent market dynamics [LIST] [*][URL='https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Price+increases+and+premiums&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUIwAIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3'][B]Price increases and premiums:[/B] [/URL] The high demand has led to record-high prices and premiums over international prices. [*][URL='https://www.google.com/search?client=mobilesearchapp&sca_esv=33d7c6e47e76292a&bih=1109&biw=744&channel=iss&cs=0&hl=en&v=396.0.833910942&sxsrf=AE3TifPMryUoeQUE4Czu_kPsEe82viBM8Q%3A1764782186673&q=Investor+behavior&sa=X&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQxccNegUIyAIQAw&mstk=AUtExfBZovpxMgWkSfSRLM7NdZ3P7SoCyA5cmqQYilv-FqF4WLiNxiJmTPO2lWlvlIbJXywIuR2t-FC0fjCKQFlZgJYjKg3brmKe0uWcasjk95YSqiA1kWPsc8fDVVsxLJa0hWrk7fN4_1UBp5mDLExAEJcJzrItK9_5P5kGWkfZNmdRnw-AcqtNcJqoG8v8SQ7dzg0gjFuBg7UkBBPcXbmEagV9-z4SheIALkRMprSjNkVBvZ1pwi3T0UjgOVVm__yF_rV1qR7x1PLniaYIAsRN2DtZ&csui=3'][B]Investor behavior:[/B] [/URL] In 2025, a shortage of physical silver was seen, and despite record prices, investors remained bullish, with little scrap silver coming onto the market, as noted by [URL='https://www.google.com/url?q=https://www.cnbc.com/2025/11/29/silver-hit-record-highs-in-2025-and-still-has-further-to-run.html&sa=U&sqi=2&ved=2ahUKEwiEo9769aGRAxWPSTABHe1nDfMQjJEMegUIxQIQAQ&usg=AOvVaw0oXVGNtggf4IlEvhOO11Dy']CNBC[/URL]. [/LIST][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Silver Is On A Tear Today
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...