Is Silver a Good Investment

Let’s be honest – when we walk into a jewellery store, we are rarely thinking, “I’m here to make a smart investment decision.”

Our trips to jewellery stores – online or brick and mortar versions – are because we want something pretty. It could be for ourselves or to gift; it could be for regular usage, or maybe something that you can bring out on those special days. You want something that you can use and it should feel worth it! 

But as typical Indians, there is always a thought running in the back of our heads – will this hold value in the future?

With silver gaining more popularity (and gold getting painfully expensive) a lot of people are starting to look at silver jewellery not just as an accessory, but as an investment.

So, let’s talk about it properly - no jargon, just what actually matters.

Silver Jewellery vs Gold Jewellery – Which Makes More Sense

If you live in India or are of Indian origin, then this has to be the most inevitable comparison! 

Well, let’s just say that gold has become intimidating – for most people, buying even a small gold piece, like maybe an earring or bracelet, now feels like a big financial decision. You need to break fixed deposits or max out a credit card to purchase just a little gold. Silver, on the other hand, feels accessible. You can buy more, experiment with designs, and not feel like you’ve locked away a huge chunk of money. 

But then there is the fact that gold is the calm, dependable one, because there is a sense of stability to it. Gold tends to hold its value a lot more steadily over time, but silver is unpredictable; it can give you higher returns, and it can dip suddenly too! 

Now let’s talk about the jewellery value – gold might win when it comes to long-term value, because of its higher intrinsic worth and strong resale value. But when you shop at a store like Unniyarcha, you will realise that silver jewellery is catching up in style and popularity, and even though it might not be at the same level as gold, it is slowly reaching there!

Price Trends in India That Now Give a Silver Edge!

So, here’s the thing! Silver has had quite a journey, because till a couple of decades ago, silver was almost dismissed as the “lesser” metal. It was affordable, yes, but it was never taken seriously as an investment. 

Today, that has changed. Prices have climbed sharply over the years. What used to cost a few thousand per kilo is now in the range of a few lakhs. And unlike gold, which tends to move steadily, silver has a bit of a dramatic personality – not only does it rise fast, it could dip just as fast. 

Why does that happen? Because silver isn’t just a jewellery metal. You will see its usage in industries like electronics, solar panels, medical equipment and more. So, when demand spikes globally, prices react almost instantaneously. 

This is what you can consider about silver – it has potential, but it is not always the most predictable. 

Which To Buy – Silver Jewellery Or Silver Coin?

It is important to remember that not all silver purchases are equal – there is a difference between picking coins and jewellery, and if you are looking at things from an investment point of view, you need to consider certain points in advance. 

• Silver coins – These are your ‘clean’ investment options, because you are buying pure silver with no design and no drama. When you buy coins, you are paying for the metal and there are no making charges as such. This means that selling them later on becomes a lot easier and this becomes the best bet when you are looking only for financial investment. 

• Silver jewellery - This is where emotions enter the chat, because you are not just buying silver; you are buying craftsmanship, design, and sometimes even a bit of impulse. But here’s the catch – when you go to sell silver jewellery, nobody pays for the design. They will weigh it, check the purity and that is about it. What you paid extra for the making charges is gone! So don’t look at silver jewellery as solely an investment – look at it as something you can enjoy using! 

But What About The Silver Resale Value?

When you buy any precious metal, somewhere in the back of your mind, sits the resale value – and when you buy silver, there is a need for a reality check. When you are looking to sell silver jewellery, in most cases, three things usually happen: 

• The buyer will focus on the weight

• The purity will be assessed on the more conservative side

• All extra charges, such as making charges, etc., will be ignored

Now compare that against silver coins or bars – they are easier to price and thus, easier to sell. 

Gold jewellery, on the other hand, often comes with buyback options or exchange offers that silver might not offer. 

That said, the demand for silver is growing, and more people are buying it now than before, especially as gold becomes less affordable. This increase in demand should eventually improve resale value, too! 

Unniyarcha’s Silver Buyback Policy

At Unniyarcha, we understand the true value of silver, which is why we dabble only in sterling silver! But we also understand that over time, you might get bored with the same pieces of jewellery. This is why we offer an easy, hassle-free buyback:

• Get in touch with our team with the order number or telephone number used to place the previous order. 

• After a quality check on your piece, we will offer you 50% of the original piece value, which will be added to your online wallet. 

• You can use this amount to purchase anything your heart desires from our brand new collections. 

If you are looking to exchange your silver jewellery or silver products purchased on the Unniyarcha website, we suggest that you check out the details here. 

So, does investing in silver make sense?

The honest answer is: what do you expect from it? If you’re looking at it like a financial asset, something that grows your money efficiently, then silver jewellery isn’t the best choice. However, if you are looking for something you can wear, enjoy, and still recover some value from later, then yes, it works.

Silver has definitely stepped into the spotlight. It’s affordable, versatile, and has real growth potential. But it might be wise to remember that buying silver is more about getting something you will use, style and enjoy. 

At Unniyarcha, we take silver jewellery just one step further!