Indian investments in stock -listed products (ETP) increased by 195 percent in 2024 and represented 42 percent of annual retail investments in the country, said the “World Silver Survey 2025” of the Silver Institute.
There has been an additional 10 percent increase in tickets at the beginning of 2025 promoted by positive local prices expectations, said the Institute based in New York, a non -profit international association that attracts it to ITTH or La Plata.
The increase occurred despite the fact that the price of precious metal increased by 23 percent by 2024. Duration on the weekend, La Plata was summoned to $ 32,509 ounces, 12.5 percent more since the beginning of 2025 and 15 percent year -on -year.
77 million new accounts have been created
In a special note “the growing popularity of silver ETPs in India,” said the survey released for the first time in January 2022, these are commercial in the National Stock Exchange and the Bombay Stock Exchange, physically, by people.
“Despite being a late participant, Silver ETPS has recently seen remarkable growth. Holders increased around 25 million ounces (783 tons) in 2024 to a higher record or 38.6 million ounces (1,200 tons),” he said.
Retail commercial accounts increased abruptly in the last five years from 41 million in March 2020 to 185 million by the end of 2024. “Notarily, in 2023 and 2024, 77 million accounts were added,” the survey said.
Acute ETFs
The number of funds offered by ETP of silver, launched much later after the golden ones began, tripled in recent years, increasing four at the end of 2022 to 12 now. The growing interest in the Silver ETP is due to several factors, including the inherent volatility of metal, the convenience offered by the EPT and the increase in financial awareness, according to the survey.
“Finally, the feeding of the increase are inputs through the fund of funds (FOF). These are created by mutual funds that, in turn, invest in their own ETP,” he said.
The attractiveness of Silver ETPs has increased in the absence of efficient alternative investment options for white metal. “On the basis of the profits observed in 2024, we expect an additional increase of 70 million ounces (2,177t) for ETP this year,” the institute said.
In the exchange of multiple products of India, the billing of silver futures increased by 5 percent, while the options duplicated more than high price volatility promoted interest in flexible options contracts. Billing in the Indian International Stock Exchange increased to 36.2 million ounces (1.127T) in 2024, which represents 16 percent of total imports to the country.
Recycling
He thought that some companies have introduced digital silver, their growth has been limited by the lack of regulatory supervision. “Therefore, taking into account the appetite of India for silver investment, we hope that ETPs continue to attract tickets in the coming years, promoting India’s participation in the Global ETP market beyond the current 4 percent,” the institute said.
In 2024, India industrial consumption increased by 4 percent, but the recycling of precious metal was restricted, the survey said. Global jewelry manufacturing increased by 3 percent in 2024, mainly due to profits in India due to the center’s decision to reduce import taxes and healthy rural economic recovery.
The demand for cutlery fell moderately in view of the high price in the gift segment. However, the demand for currencies and bars increased by 21 percent of a maximum of nine years, despite the fact that global demand decreased by 22 percent to five years or 190.9 million ounces.
By 2025, the survey anticipates losses both in jewelry and covered, since high silver prices weigh in Indian demand. In India, the 15 percent drop is probably consumption losses driven by price, since trade relocation could be built by local record prices.
Losses for India are also forecast in the demand for currencies and bars, since local record prices induce profits and exceed new investments.
Posted on April 19, 2025