Which countries have vast reserves of silver? Is India on the list?:Silver Production in the world: Silver, which gives a 30% return in just three weeks.

News Topical, Digital Desk : Silver prices continue to hit new records. On Tuesday, silver touched $94.75 per ounce globally and then closed at $93.25-93.30 per ounce. In Indian markets, its price has crossed a historic Rs 3 lakh per kilogram. Silver has already delivered a bumper 30% return this year, in just less than three weeks.

What is the speciality of silver?

Did you know that silver isn't just used for jewelry and coinage, but it's also in high demand in many different industries? Silver has the highest electrical and thermal conductivity of any other metal. This means it allows electric current to pass through it rapidly. Furthermore, it also has the highest relativistic property, meaning it can reflect 95-99 percent of visible light.

Silver is a chemical element found in the Earth's crust (the Earth's uppermost, thin, and solid layer). Silver is often found in association with ores like lead, zinc, copper, and gold, and is then separated. Have you ever wondered which countries in the world have the most silver? Let us tell you today, through this news, which countries have vast reserves of silver.

Which country has how much silver?

The South American country of Argentina has reserves of 6,500 metric tons of silver. In 2024, it produced 800 metric tons.
India has 8,000 metric tons of silver reserves. It produced 800 metric tons of silver in 2024.
Kazakhstan produced 1000 metric tons of silver in 2024. However, it is unclear how large its silver reserves are.
Australia produced 1000 metric tons of silver in 2024. Australia has silver reserves of 94000 metric tons.
The US produced 1100 metric tons of silver in 2024. The United States has a silver reserve of 23000 metric tons.
Chile produced 1200 metric tons of silver in 2024. Chile has silver reserves of 26000 metric tons.
Russia alone produced 1,200 metric tons of silver in 2024. It has reserves of 92,000 metric tons.
Bolivia produced 1300 metric tons of silver in 2024. Bolivia has silver reserves of 22000 metric tons.
Poland produced 1300 metric tons of silver in 2024. It has reserves of 61000 metric tons.
Peru produced 3100 metric tons of silver in 2024. Peru has the largest reserves of silver at 140,000 metric tons.
China is the world's second-largest silver producer. This Asian country produced 3,300 metric tons of silver in 2024. China has reserves of 70,000 metric tons.
Mexico is the world's largest silver producer. This Central American country produced 6,300 metric tons of silver in 2024. In terms of reserves, Mexico has 37,000 metric tons of silver.