Silver rose to 38.37 USD/t.oz on July 11, 2025, up 3.65% from the previous day. Over the past month, Silver's price has risen 5.59%, and is up 24.68% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Silver - values, historical data, forecasts and news - updated on July of 2025.

In 2024, the average nominal price of silver in India was ****** Indian rupees for one kilogram, which was an increase of over ****** rupees from the previous year, and the highest figure during the period of consideration.

During the last quarter of 2024, the silver prices in the USA reached 31.3 USD/toz (H2 2024 Avg Price) in December. As per the silver price chart, prices surged during the latter half of 2024, largely influenced by the Federal Reserve’s interest rate cuts, which diminished the dollar. This shift made silver an attractive investment, particularly as a lower-cost alternative to gold.

Explore IMARC’s newly published report, titled “Silver Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2025 Edition,” offers an in-depth analysis of silver pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

Bullion Price: Monthly Average: Mumbai: Silver data was reported at 95,524.000 INR/kg in Feb 2025. This records an increase from the previous number of 90,020.000 INR/kg for Jan 2025. Bullion Price: Monthly Average: Mumbai: Silver data is updated monthly, averaging 19,356.000 INR/kg from Apr 1990 (Median) to Feb 2025, with 419 observations. The data reached an all-time high of 95,524.000 INR/kg in Feb 2025 and a record low of 5,554.000 INR/kg in Mar 1993. Bullion Price: Monthly Average: Mumbai: Silver data remains active status in CEIC and is reported by Reserve Bank of India. The data is categorized under Global Database’s India – Table IN.PG002: Memo Items: Bullion Price.

The dataset contains year- and month-wise compiled data on the average prices of Gold (Standard) and Silver at Mumbai in India

India Consumer Price Index (CPI): Miscellaneous: Silver data was reported at 75.200 2012=100 in Oct 2018. This records an increase from the previous number of 74.500 2012=100 for Sep 2018. India Consumer Price Index (CPI): Miscellaneous: Silver data is updated monthly, averaging 76.300 2012=100 from Jan 2014 (Median) to Oct 2018, with 58 observations. The data reached an all-time high of 85.400 2012=100 in Mar 2014 and a record low of 65.900 2012=100 in Jan 2016. India Consumer Price Index (CPI): Miscellaneous: Silver data remains active status in CEIC and is reported by Central Statistics Office. The data is categorized under India Premium Database’s Inflation – Table IN.IA017: Consumer Price Index: 2012=100: Miscellaneous.

NCDEX: Spot Price: Silver: New Delhi: First Session data was reported at 96,189.300 INR/kg in 14 May 2025. This records a decrease from the previous number of 96,796.100 INR/kg for 13 May 2025. NCDEX: Spot Price: Silver: New Delhi: First Session data is updated daily, averaging 88,446.600 INR/kg from Jan 2024 (Median) to 14 May 2025, with 333 observations. The data reached an all-time high of 100,291.250 INR/kg in 28 Mar 2025 and a record low of 68,902.900 INR/kg in 14 Feb 2024. NCDEX: Spot Price: Silver: New Delhi: First Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB001: Commodities Spot Price: National Commodity & Derivatives Exchange Limited.

The dataset shows average price in domestic and foreign markets of gold and silver

Note: 1. The data source for this Table for the period till 1999-2000 are Bombay Bullion Association and Press Trust of India. For the period 2000-01 onwards, the data sources are (i) Business Standard/ Business Line and Economic Times, Mumbai/IBJA Website for gold and silver price in Mumbai and LBMA for gold price in London and (ii) Thomson Reuters for silver price in New York. 2. Data provided in this Table for the period 1979-80 to 1999-2000 and 2000-01 to 2020-21 may not be strictly comparable due to different sources of information.

India's imports of silver amounted to a total value of 422 billion Indian rupees in financial year 2023. That was a significant increase from the value of silver imports to India previous year, and was also the highest import value during the period of consideration.

Nickel fell to 15,235 USD/T on July 11, 2025, down 0.33% from the previous day. Over the past month, Nickel's price has risen 0.86%, but it is still 9.62% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on July of 2025.

India WPI: Mfg: Others: Jewellery: Silver data was reported at 68.600 2011-2012=100 in Oct 2018. This records an increase from the previous number of 67.800 2011-2012=100 for Sep 2018. India WPI: Mfg: Others: Jewellery: Silver data is updated monthly, averaging 75.000 2011-2012=100 from Apr 2012 (Median) to Oct 2018, with 79 observations. The data reached an all-time high of 112.300 2011-2012=100 in Sep 2012 and a record low of 53.400 2011-2012=100 in Jan 2015. India WPI: Mfg: Others: Jewellery: Silver data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH028: Wholesale Price Index: 2011-12=100: Manufactured Products: Other Manufacturing.

About This Dataset: Copper Prices and Market Trends

    This dataset provides **insights into copper prices**, including current rates, historical trends, and key factors affecting price fluctuations. Copper is essential in **construction**, **electronics**, and **transportation** industries. Investors, traders, and analysts use accurate copper price data to guide decisions related to **trading**, **futures**, and **commodity investments**.

    ### **Key Features of the Dataset**

    #### **Live Market Data and Updates**
    Stay updated with the latest **copper price per pound** in USD. This data is sourced from exchanges like the **London Metal Exchange (LME)** and **COMEX**. Price fluctuations result from **global supply-demand shifts**, currency changes, and geopolitical factors.

    #### **Interactive Copper Price Charts**
    Explore **dynamic charts** showcasing real-time and historical price movements. These compare copper with **gold**, **silver**, and **aluminium**, offering insights into **market trends** and inter-metal correlations.

    ### **Factors Driving Copper Prices**

    #### **1. Supply and Demand Dynamics**
    Global copper supply is driven by mining activities in regions like **Peru**, **China**, and the **United States**. Disruptions in production or policy changes can cause **supply shocks**. On the demand side, **industrial growth** in countries like **India** and **China** sustains demand for copper.

    #### **2. Economic and Industry Trends**
    Copper prices often reflect **economic trends**. The push for **renewable energy** and **electric vehicles** has boosted long-term demand. Conversely, economic downturns and **inflation** can reduce demand, lowering prices.

    #### **3. Impact of Currency and Trade Policies**
    As a globally traded commodity, copper prices are influenced by **currency fluctuations** and **tariff policies**. A strong **US dollar** typically suppresses copper prices by increasing costs for international buyers. Trade tensions can also disrupt **commodity markets**.

    ### **Applications and Benefits**

    This dataset supports **commodity investors**, **traders**, and **industry professionals**:

    - **Investors** forecast price trends and manage **investment risks**. 
    - **Analysts** perform **market research** using price data to assess **copper futures**. 
    - **Manufacturers** optimize supply chains and **cost forecasts**.

    Explore more about copper investments on **Money Metals**:

    - [**Buy Copper Products**](https://www.moneymetals.com/buy/copper) 
    - [**95% Copper Pennies (Pre-1983)**](https://www.moneymetals.com/pre-1983-95-percent-copper-pennies/4) 
    - [**Copper Buffalo Rounds**](https://www.moneymetals.com/copper-buffalo-round-1-avdp-oz-999-pure-copper/297)

    ### **Copper Price Comparisons with Other Metals**

    Copper prices often correlate with those of **industrial** and **precious metals**:

    - **Gold** and **silver** are sensitive to **inflation** and currency shifts. 
    - **Iron ore** and **aluminium** reflect changes in **global demand** within construction and manufacturing sectors.

    These correlations help traders develop **hedging strategies** and **investment models**.

    ### **Data Variables and Availability**

    Key metrics include:

    - **Copper Price Per Pound:** The current market price in USD. 
    - **Copper Futures Price:** Data from **COMEX** futures contracts. 
    - **Historical Price Trends:** Long-term movements, updated regularly. 

    Data is available in **CSV** and **JSON** formats, enabling integration with analytical tools and platforms.

    ### **Conclusion**

    Copper price data is crucial for **monitoring global commodity markets**. From **mining** to **investment strategies**, copper impacts industries worldwide. Reliable data supports **risk management**, **planning**, and **economic forecasting**.

    For more tools and data, visit the **Money Metals** [Copper Prices Page](https://www.moneymetals.com/copper-prices).

Copper fell to 5.45 USD/Lbs on July 14, 2025, down 1.52% from the previous day. Over the past month, Copper's price has risen 13.70%, and is up 20.47% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on July of 2025.

India WPI: Wt: Mfg: Others: Jewellery: Silver data was reported at 0.031 % in Oct 2018. This stayed constant from the previous number of 0.031 % for Sep 2018. India WPI: Wt: Mfg: Others: Jewellery: Silver data is updated monthly, averaging 0.031 % from Apr 2012 (Median) to Oct 2018, with 79 observations. The data reached an all-time high of 0.031 % in Oct 2018 and a record low of 0.031 % in Oct 2018. India WPI: Wt: Mfg: Others: Jewellery: Silver data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH056: Wholesale Price Index: 2011-12=100: Weights: Manufactured Products: Other Manufacturing.

India WPI: Weights: Mfg: BM: Metal Products: Silver data was reported at 0.011 % in Mar 2017. This stayed constant from the previous number of 0.011 % for Feb 2017. India WPI: Weights: Mfg: BM: Metal Products: Silver data is updated monthly, averaging 0.011 % from Apr 2004 (Median) to Mar 2017, with 156 observations. The data reached an all-time high of 0.011 % in Mar 2017 and a record low of 0.011 % in Mar 2017. India WPI: Weights: Mfg: BM: Metal Products: Silver data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH088: Wholesale Price Index: 2004-05=100: Weights: Manufactured Products: Basic Metal, Alloys and Metal Products.

India WPI: Mfg: BM: Metal Products: Silver data was reported at 382.900 2004-2005=100 in Mar 2017. This records a decrease from the previous number of 385.200 2004-2005=100 for Feb 2017. India WPI: Mfg: BM: Metal Products: Silver data is updated monthly, averaging 304.400 2004-2005=100 from Apr 2004 (Median) to Mar 2017, with 156 observations. The data reached an all-time high of 572.800 2004-2005=100 in Sep 2011 and a record low of 92.200 2004-2005=100 in Jun 2004. India WPI: Mfg: BM: Metal Products: Silver data remains active status in CEIC and is reported by Ministry of Commerce and Industry. The data is categorized under Global Database’s India – Table IN.IH071: Wholesale Price Index: 2004-05=100: Manufactured Products: Basic Metal, Alloys and Metal Products.

Silver Food Market Outlook

As of 2023, the global silver food market size is estimated at approximately USD 2.5 billion, with a promising forecast reaching up to USD 4.0 billion by 2032, reflecting a compound annual growth rate (CAGR) of 5.37%. The growth of this market is driven by the increasing culinary trend of incorporating edible silver in gourmet foods and luxury confectioneries, enhancing both aesthetic appeal and market value. The infusion of edible silver into various food products is becoming a significant marker of luxury and exclusivity, attracting high-end consumers and expanding market opportunities across diverse sectors.

The key growth driver in the silver food market is the growing consumer inclination towards luxury dining experiences and the rising popularity of gourmet foods. Edible silver, known for its opulent appeal and non-toxic properties, is extensively used in high-end culinary applications to create visually stunning dishes. This trend is further bolstered by an increasing number of gourmet restaurants and luxury hotels globally, which are adopting edible silver to cater to affluent clientele seeking unique and extravagant dining experiences. Furthermore, the rising influence of social media platforms showcasing extravagant culinary presentations is significantly enhancing consumer awareness and demand for silver-infused food products, thereby driving market growth.

Additionally, the silver food market is propelled by the expanding confectionery and bakery industries, which are increasingly using silver foils and leaves as decorative elements in cakes, chocolates, and pastries. This application not only adds a premium touch to the products but also aligns with the growing consumer preference for aesthetically pleasing and novel food items. The rising trend of personalized gifting with premium confectionery products during festive seasons and special occasions is anticipated to further fuel the demand for edible silver, making it an essential ingredient in the luxury food segment.

Health and wellness trends also play a crucial role in the market's growth dynamics. Silver is believed to possess antimicrobial properties, which can contribute positively to food preservation. As consumers become more health-conscious, the interest in natural and chemical-free food additives is increasing, leading to the exploration of edible silver's potential benefits. This is opening up new avenues for product innovation and the development of silver-infused health foods and beverages, presenting lucrative opportunities for market players to expand their portfolios.

Regionally, Asia Pacific dominates the silver food market, accounting for the largest market share due to traditional practices and cultural significance associated with edible silver. India, in particular, is a major market where silver is commonly used in sweets and as a traditional offering in religious ceremonies. The region's market is anticipated to grow at a robust CAGR, supported by the rapid urbanization, rising disposable incomes, and the increasing number of luxury dining establishments. Meanwhile, North America's market is also witnessing growth, driven by the burgeoning demand for gourmet foods and the increasing trend of culinary innovation. In Europe, the market is expanding with the high demand for premium confectionery products and the presence of a well-established luxury food culture.

Product Type Analysis

The silver food market is segmented into various product types, including silver foil, silver leaf, and silver powder, each serving distinct applications and consumer preferences. Silver foil is predominantly used in the confectionery and bakery segments, where it graces the surface of sweets and desserts, enhancing visual appeal and perceived value. The ease of application and cost-effectiveness make silver foil a preferred choice for mass production in these industries. Additionally, its flexible nature allows for its use in wrapping chocolates and candies, providing an elegant finish that appeals to consumers seeking premium products.

Silver leaf, on the other hand, is widely appreciated for its delicate and luxurious finish. It is primarily utilized in high-end culinary applications, particularly in gourmet dishes and specialty cuisines, where it acts as a garnish to elevate the dining experience. Chefs and culinary artists favor silver leaf for its ability to transform dishes into works of art, making it a staple in luxury dining establishments. Its application is not limited to solid foods; beverages like cocktails are often garnished with silver

According to Cognitive Market Research, The Global Silver Catalyst Market was valued at USD 3,102.25 Million in 2021 and is expected to reach USD 6,683.09 Million by the end of 2033, growing at a CAGR of 7.61% between 2025 to 2033.

The North America Silver Catalyst market size was USD 989.02 Million in 2021 and it is expected to reach USD 2,021.86 Million in 2033.
The Europe Silver Catalyst market size was USD 737.69 Million in 2021 and it is expected to reach USD 1,588.66 Million in 2033.
The Asia Pacific Silver Catalyst market size was USD 1,098.14 Million in 2021 and it is expected to reach USD 2,527.43 Million in 2033.
The South America Silver Catalyst market size was USD 173.97 Million in 2021 and it is expected to reach USD 346.87 Million in 2033.
The Middle East Silver Catalyst market size was USD 70.41 Million in 2021 and it is expected to reach USD 136.13 Million in 2033.
The Africa Silver Catalyst market size was USD 33.03 Million in 2021 and it is expected to reach USD 62.14 Million in 2033.

Market Dynamics of Silver Catalyst Market

Key Drivers for Silver Catalyst Market

Market Driver: Expanding Global Chemical Industry Demand

The growth of the global chemical industry is a major driver of the silver catalyst market, driven by increasing demand for essential chemicals such as ethylene oxide and formaldehyde. Silver catalysts are instrumental in the catalytic oxidation of ethylene to produce ethylene oxide—a precursor for products like antifreeze, detergents, and polyester fibers. Notably, ethylene oxide production alone accounts for approximately 60% of global silver catalyst consumption, emphasizing silver's central role in large-scale chemical processing. The United States, a major hub for chemical manufacturing, further supports this trend. In 2022, U.S. chemical exports surpassed $494 billion, and with chemical volumes forecasted to rise by 3.2% and shipments by 8.2%, demand for high-performance catalysts like silver is climbing. Similar trends are seen in emerging markets such as India, where the chemical industry showed projected revenue growth of 18–23% in FY22, contributing to increased usage of catalysts for efficient production.

In addition to bulk chemical production, the rising demand for specialty chemicals—including adhesives, coatings, and water treatment agents—has further propelled the need for silver catalysts. These sectors often require high-performance catalysts to support complex and technical production processes. For example, in 2022, there were 1,681 establishments in the U.S. dedicated to specialty chemicals. Additionally, foreign direct investment (FDI) of USD 7.6 billion in 2023 into the paints, coatings, and adhesives sector underlines the expanding market opportunity. Responding to this demand, manufacturers like Stanford Advanced Materials have developed silver catalysts tailored for high-efficiency oxidation reactions, including those used in the production of electronics and pharmaceuticals. These trends collectively highlight how expanding industrial applications and chemical output globally are key drivers of growth for the silver catalyst market.

Growing Electronics Industry to Propel Market Growth

The electronic industry represents a significant market for silver catalysts. This industry uses a lot of catalyst to produce formaldehyde and ethylene oxide, which are then used to make a variety of electronic components like electrical control knobs, computer key tops, household appliance components, and electrical insulating materials. The market is expanding as a result of the growing demand for electronic products, which is driving expansion in the electronic industry. For example, the German Electro and Digital Industry Association's Global Electric Market Outlook 2022 study states that South Korea's electronic industry achieved a volume of USD 218.01 billion in 2020, increasing by 4%.

Restraint Factor for the Silver Catalyst Market

Market Restraint: High Cost, Price Volatility, and Substitutes

One of the primary restraints in the silver catalyst market is the high cost and significant price volatility of silver, which can severely impact production economics. Silver prices are sensitive to global macroeconomic conditions, including trade tensions and monetary policy. For instance, silver surged above $32.30 per ounce amid U.S.-China trade friction and a weakening U.S. dol...

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India Jewelry Market Size 2025-2029

The India jewelry market size is forecast to increase by USD 25.6 billion at a CAGR of 5.9% between 2024 and 2029.

The India Jewelry Market is segmented by type (gold, diamond, others), distribution channel (specialist retailers, online), end-user (women, men), product type (necklaces and chains, earrings, others), and geography (APAC: India). This segmentation reflects the market's vibrancy, driven by strong cultural demand for gold and growing interest in diamond jewelry among women and men, with specialist retailers dominating but online platforms rapidly expanding, particularly for necklaces and chains and earrings in urban India.
The Indian jewelry market is characterized by its rich cultural significance and growing consumer base. Jewelry holds a special place in Indian society, often serving as a symbol of status, tradition, percious metal and personal expression. This cultural attachment, coupled with the increasing disposable income and urbanization, fuels the demand for jewelry in India. Another key trend shaping the market is the rise of online sales. With the growing internet penetration and the convenience of shopping from home, more consumers are opting for online jewelry purchases. This shift towards e-commerce platforms offers significant opportunities for businesses to expand their reach and cater to a wider audience.
However, the market faces challenges as well. The high price of gold, a primary material for jewelry in India, poses a significant obstacle for many consumers. Affordability remains a critical concern, and businesses must find innovative ways to offer competitive pricing or value-added services to attract price-sensitive consumers. In summary, the Indian jewelry market presents a unique blend of opportunities and challenges, with cultural significance driving demand, online sales on the rise, and high gold prices posing affordability concerns. Companies seeking to capitalize on these opportunities must stay attuned to consumer preferences and adapt to the evolving market landscape.

What will be the size of the India Jewelry Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The Indian jewelry market, a significant contributor to the country's economy, is marked by diverse offerings and dynamic trends. Quality assurance plays a crucial role in maintaining customer trust, with sustainability initiatives gaining prominence. Gift jewelry and diamond , a key segment, experiences high demand during festivals and special occasions. Public relations and advertising campaigns help brands differentiate themselves through competitive advantages and brand positioning. Wholesale jewelry businesses employ pricing strategies to cater to various customer segments, while occasion jewelry and ethnic jewelry cater to specific markets. Risk management is essential for businesses dealing with precious metals and stones.
Sales promotion and distribution networks ensure products reach customers efficiently. Custom jewelry and handmade jewelry continue to attract niche jewelry markets, with social media marketing and influencer collaborations driving sales. Data analytics and inventory management tools help businesses optimize operations. Vintage and antique jewelry styles, influenced by tradition and cultural heritage, remain popular. Online marketing channels expand reach and accessibility, making jewelry more accessible to a broader audience.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Gold
  Diamond
  Others


Distribution Channel

  Specialist retailers
  Online


End-user

  Women
  Men


Product Type

  Necklaces and chains
  Earrings
  Others


Geography

  APAC

    India

By Type Insights

The gold segment is estimated to witness significant growth during the forecast period.

The Indian jewelry market is characterized by a strong focus on gold jewelry, driven by cultural traditions and rising income levels. Gold's popularity is influenced by various factors, including international and national price fluctuations. These prices are affected by inflation, financial regulations, and international trade. The younger generation's preferences are shifting, with alternative materials and designs gaining traction. However, gold remains a preferred choice for special occasions and an investment option. Metal casting and jewelry repair services are essential components of the market, ensuring the longevity and maintenance of jewelry pieces. Ethical sourcing is increasingly important to consumers, leading

Between January 1971 and May 2025, gold had average annual returns of **** percent, which was only slightly more than the return of commodities, with an annual average of around eight percent. The annual return of gold was over ** percent in 2024. What is the total global demand for gold? The global demand for gold remains robust owing to its historical importance, financial stability, and cultural appeal. During economic uncertainty, investors look for a safe haven, while emerging markets fuel jewelry demand. A distinct contrast transpired during COVID-19, when the global demand for gold experienced a sharp decline in 2020 owing to a reduction in consumer spending. However, the subsequent years saw an increase in demand for the precious metal. How much gold is produced worldwide? The production of gold depends mainly on geological formations, market demand, and the cost of production. These factors have a significant impact on the discovery, extraction, and economic viability of gold mining operations worldwide. In 2024, the worldwide production of gold was expected to reach *** million ounces, and it is anticipated that the rate of growth will increase as exploration technologies improve, gold prices rise, and mining practices improve.