- By Ridam Sharma
- Mon, 05 May 2025 10:32 AM (IST)
- Source:JND
Top 10 Countries With Cheapest Silver Prices 2025: Silver is a highly versatile and valuable metal. It is a white metal and is known for its ductile properties. Other than that, silver is also a good conductor of electricity and heat, which makes it a key component in electronics and solar panels. Additionally, beautiful silver jewellery is loved across the globe. Historically, coins were also made from silver due to its beauty, resistance and cost. Silver is also widely known for its antimicrobial properties, which are highly beneficial in medical applications. These characteristics have resulted in skyrocketing silver prices.
Over the years, Silver's industrial applications have continued to widen, and its investment potential remains robust. It often acts as a hedge against inflation. Its valuable characteristics make it irreplaceable in the modern era. Therefore, let’s take a look a the list of the top countries with the cheapest silver prices, along with India’s rank on the list.
As of May 05, 2025, the price of silver in India is Rs 97,000 per kilogram. In the USA, the price is Rs 87,060.62 per kilogram. Silver is less expensive in some countries than in India and the USA because of reduced import duties and taxes. Silver is also known to be sold at lower prices in locations like Australia and Chile, and buyers frequently travel to these countries to buy silver at lower prices.
List Top 10 Countries To Buy Cheapest Silver In 2025:
Knowing the prices of silver worldwide can help you save a pocket. Take a look at the top ten cheapest countries for silver purchase, along with a comparison of their costs to India's in February 2025.
| Country | Silver Price per Ounce (Rs) | Silver Price per Kilogram (Rs) |
|---|---|---|
| Australia | 2,704.07 | 86,946.59 |
| Chile | 2,711.62 | 87,165.30 |
| Russia | 2,711.36 | 87,174.72 |
| Poland | 2,710.79 | 87,131.5 |
| Argentina | 2,710.95 | 87,193.65 |
| Bolivia | 2,711.57 | 87,191.51 |
| USA | 2,711.56 | 87,163.16 |
| India | 2,711.42 | 87,174.27 |
| China | 2,682.31 | 86,235.83 |
| Mexico | 2,715.32 | 87,275.68 |
| Portugal | 2,715.81 | 87,310.059 |
| Peru | 2,709.65 | 87,117.06 |
| UK | 2,711.82 | 87,213.18 |
| Pakistan | 2,725.05 | 87,613.06 |
Please note that the prices may vary accordingly. The data presented is accurate as of February 26, 2025, and has been sourced from the Live Silver Price for reference.
Read Also: Top 10 Countries With Cheapest Gold Prices In 2025 As Compared To India