silver price
For the past several days, you must have heard many news and seen headlines related to the rise in silver prices. Silver has surprised with its returns in the last one year. The prices even broke its own records several times. In such a situation, it was a happy moment for the investors. But the situation of those who had to or are having to buy silver for marriage is bad. But amidst this boom, there is one fact which you should know that silver in India is cheaper than the neighboring country China. Silver prices in India are 17 percent lower. Yes, this is correct. Let us tell you the reason behind this with data.
Silver prices have reached record levels. In the international market, silver is trading above $109 an ounce. So far in the year 2026, the price of silver has increased by about 44 percent, while in the last 12 months it has seen a tremendous increase of more than 250 percent. In China, silver is being sold at a higher price than the international rate, where 1 ounce of silver has reached around $125.
Silver is cheap in India
If compared with India, silver is still cheap here. The price of silver in India is around Rs 335 per gram. According to 1 ounce i.e. about 28.3 grams, the price of 1 ounce of silver in India is around Rs 9,984, whereas in China the same silver is costing around Rs 11,450. In this way, there is a difference of about Rs 2,000 in the price of silver in India and China, which means silver is about 17 percent cheaper in India.
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The biggest reason for this rise in silver is the lack of global supply. Along with this, China’s new policy has increased the stir in the market. China has imposed restrictions on the export of silver from January 1, 2026. Now companies will have to obtain a government license to export silver and this rule will remain in force till 2027. The effect of this will be that only big and government approved companies will be able to export, while small exporters may be forced out.
silver and china
China plays an important role in the world’s silver supply. More than 65 percent of the global supply comes from China. China is not only the largest trading market of silver, but also the second largest fabricator. In such a situation, due to China limiting exports, the availability of silver in the international market may decrease and further fluctuations in prices may be seen.
Apart from this, China’s Lunar New Year holidays starting in February 2026 may also have an impact on the market. Before these holidays which start from 17th February and last for about a week, people start stocking silver. This increases demand and puts pressure on prices. At present, the stock of silver in China is already low and the premium is high, hence its impact can be clearly visible on the global silver market.
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