Silver usage: Electrical and electronics 35%, Coins and medals 25%, Photography 10%(photography does not use silver anymore), Silverware and Jewellery 5%, Others 24%. Industrial demand drives electronics, solar PV (vital to India’s 100 GW target) and EV parts. Investment climbs via MCX futures and silver ETFs.

Strategy Metal Invest. Ancient civilizations used silver for coinage, ornaments and rituals across Mesopotamia, Egypt and the Aegean. Today, governments and central banks store Silver alongside gold in sovereign vaults. With industrial and investment demand surging, silver’s real value and purchasing-power protection has risen. Institutional investors and central banks have added to reserves. Silver’s dual industrial-monetary role ties it to economic cycles yet supports its practical inflation-hedge function. Prices now significantly exceed historic norms worldwide amid rising demand
Historically, the gold-to-silver ratio averaged about 70:1. In recent years, wars and currency uncertainty have driven investors toward safe-havens like gold and silver. Yet silver has underperformed gold, leaving it relatively undervalued and more attractive. This pricing gap could spark the next “silver rush.” ‘At the time this article was written the Gold-to-silver ratio was around 90:1’

silver investment can be done through:
Jewellery – avoid due to making charges
Silverware – similar issues
ETFs – cheaper but lower return and volatility
Coins & Biscuits – preferred physical option
Equity – indirect via silver mining stocks.
I prefer physical silver: coin or biscuit. Avoid jewelry due to cost. ETFs are less volatile but carry fund charges. While buying coins, bargain on ₹/g, and ask them to match competitor pricing. Only buy in package sealed coin from reputed refineries for purity assurance. Don’t buy in small biscuits—premium is higher. Buying offline is often ~3% cheaper than ETF or online.

Giant institutions like Blackrock, Morgan stanley, and few others have shown optimistic view on Silver for this financial year, we also have few other corporation outside of AMCs that are backing our view, for Eg. renewable sector requires silver in its panels for Its good conductivity,
And if we want to talk about total quantity of Silver available in the whole world as a reserve, it is estimate 95% of total available reserve will be used up by 2050 by only renewable sector,