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  Market Overview As per the research report by MRFR, the global silver market will record a healthy CAGR of approximately 9.83% during the assessment era ending in 2030. Silver, one of the precious metals, is particularly known for its silvery luster. The pure form of silver exhibits the highest electrical and thermal conductivity as compared with other metals. Moreover, it is relatively harder than gold and platinum and possesses malleability and ductility. It is obtained in native or ore form and is primarily produced as a byproduct of gold, zinc, copper, and lead refining. On the basis of type, the silver market has been divided into fine silver, sterling silver, German silver, coin silver, Britannia silver, Mexican silver, Russian silver, oxidized silver, and others. This segmentation is on the basis of the percentage of silver in the composition. Among these, the sterling silver alloy segment held the largest market share in 2018 with 92.5% of silver and 7.5% of copper and is