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Silver consumption for jewelry fabrication India 2009-2018

In 2018, over 76 million troy ounces of silver was used in jewelry fabrication in India, a significant increase from the previous year. The year 2019 saw the highest consumption of silver used for jewelry fabrication in the country. The south Asian country saw an annual increase of about 16 percent in the fabrication segment in 2018, which was driven by the diversion in prices of gold and silver.

Consumption of silver for jewelry fabrication in India from 2009 to 2018

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Release date

April 2019



Survey time period

2009 to 2018

Special properties

Includes the use of scrap

Supplementary notes

One troy ounce is equal to 31.103 grams.

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Statistics on "Jewelry market in India"

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