At present, the prices of silver in India have surprised both investors and common people. On January 9, 2026, the price of silver reached an average of Rs 2,54,000 per kg, which is considered to be the highest level till date. Earlier it was believed that only gold prices set records, but now silver has also followed the same path.
In the last few years, inflation, global uncertainty and the strength of the dollar have turned investors towards safer options. Earlier this trust was only on gold, but now silver is also emerging as a safe investment. This is the reason why along with industrial demand, investment demand has also increased rapidly.
Do you know? Silver is much cheaper than India in these countries
Most people know that gold is cheaper in Dubai, but very few people know that in many countries of the world, silver is cheaper than India. Chile is at the top in this list. Chile is considered to be the cheapest country in the world in terms of the price of silver.
How much is 1 kg silver in Chile and Russia?
According to the report of gold broker, the price of silver in Chile is 30 to 40 thousand rupees per kg less than in India. Chile is one of the major centers of silver production, due to which prices remain low there. Russia comes at second place, where silver is cheaper by 20 to 30 thousand rupees per kg compared to India.
Cheap silver is also available in China
Local production and low taxes are the main reasons for this. China is in third place. According to the Silver price report, the price of 1 kg silver here is Rs 2 lakh 21 thousand, which is much less than India, because China itself is a big producer and consumer of silver. India comes fourth in this list. After this come countries like Australia, Poland, Argentina, Bolivia, Mexico, Portugal and America.
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