Silver Market Forecast (2025-2033): CAGR of 9.86% to Drive USD 202.07 Billion Valuation

The global Silver Market , valued at USD 87.12 billion in 2024, is set to experience robust growth, with projections estimating a rise to USD 95.20 billion in 2025 and further expanding to USD 202.07 billion by 2033. This growth trajectory reflects a compound annual growth rate (CAGR) of 9.86% during the forecast period (2025-2033). Silver, a precious metal renowned for its high conductivity, durability, and antimicrobial properties, continues to play a pivotal role across various industries, including jewelry, electronics, solar energy, and medicine. Its dual role as an industrial metal and an investment asset ensures its enduring relevance in both traditional and emerging markets. Market Scope and Research Methodology The global silver market encompasses the buying and selling of silver as both a commodity and an investment asset. As the second most traded precious metal after gold, silver's market dynamics are influenced by a myriad of factors, including industrial demand, geo...