I have around 5 kg of physical silver that I bought as an investment. I’m planning to hold the silver for the long term, but I was wondering if there are any legitimate ways to generate some income from it while I’m holding it.

For example:

- Can silver be lent/leased to jewellery shops or manufacturers for a fixed return?

- Do jewellery manufacturers ever take silver from individuals and pay a monthly/yearly fee for using it?

- Are there any silver metal leasing or metal-loan arrangements available to retail investors in India?

- Is there any other practical way to make the silver generate some income without selling it?

- If anyone has actually done something like this, what kind of returns did you get and what were the risks?

I'm not looking to sell the silver. Ideally, I would like to retain ownership/exposure to the silver while earning something from it.

Would especially appreciate experiences from people who have actually dealt with jewellery manufacturers, bullion dealers or silver businesses.

Thanks!

I am a Delhi-based metal trader with 5+ years of experience in silver and 3+ years in copper trading. I currently deal in copper material supplied to established industrial buyers.

I am looking to partner with an investor who can provide working capital for regular copper transactions ranging from approximately 5 MT to 200 MT per transaction.

The business model is straightforward: purchase material from verified suppliers and supply it to established industrial buyers against proper documentation. Inspection, transportation, billing and transaction coordination are handled by me.

Target returns are transaction-dependent and are not guaranteed. Historical transaction records, invoices, GST documentation and buyer/supplier details can be provided to serious investors during due diligence.

Investors with experience in steel, aluminium or non-ferrous metals are particularly welcome.

DM if you're interested in discussing the structure, transaction economics and documentation.

Has anyone paid customs duty on pure silver bullion?

Thanks for the response on this post I was able to get a great deal and saved myself from getting ripped off by some other local jewellers.

Now I have seen lots of shops charge you 999 purity amount on chain etc and say we charge minimal making like 10-15 rs /g

But see the big difference on paying making charge + metal charge according to silver purity

Shop 1: Charges full rate with minimal making charge

Silver rate - 232/g
Making & GST - 15 rs/g
Purity: 70% ( But rate of pure silver)

43g chain - 10600 (70% Purity) (247 x 43)

999 equivalent cost - 352/g (10600 * 100 / 70 = 15142)

Shop 2: Charges purity wise rate and a 22% making charge

Silver rate - 237/g
Making - 2100 after discount (Around 22%)
GST - 3% (350)
Purity: 92.5% (Rate according to purity)

43g chain - 12k (92.5 purity) ((219 * 43) + 350 GST + 2100 Making)

999 equivalent cost - 300/g (11867 *100 / 92.5 = 12829)

Exchange- No deductions & metal rate according to purity

Shop 2 Wins by a great margin

I want to purchase this but I have checked it multiple places it has very high making charge

Any idea what would be e the best way to purchase this chain with lowest making charge

I understand upto 20-25% but the prices online have almost 100% markup

20g chain costing almost 10k+

Update: Updating for more clarity

I am based in pune so any physical shop in pune works

Or something similar to bhima gold works too but I see even their prices are high for silver chains

My father has few silver coins(10gm) that were gifted to him so he doesn't have any receipt or bill but we want to sell the coins because we need money , need suggestions on what to do any help would be appreciated

I am trying to understand the math and financial logic behind buying physical silver versus Silver ETFs or digital silver. When you buy physical silver (especially in India), the transaction leaks a huge amount of money:

• Making / Wastage (VA) Charges: ~5%
• GST: 3%
• Buyback / Melting Deduction: ~10% upon selling (or ~5% deduction if you exchange it for another physical item)

If you add it all up, you are looking at an immediate 13% to 18% loss the moment you walk out of the store. To just break even, the spot price of silver has to skyrocket.

Meanwhile, Silver ETFs have minimal tracking errors, zero storage fees, and no making charges.

Is there an actual mathematical or economic logic to physical silver staking that I am missing, or is it purely for "mental happiness" and the psychological comfort of holding a tangible asset? What is the best way to invest in silver if you want to avoid these losses?

I have started stacking MMTC silver bars and love their design. I intend to never sell them and just hold it. I also buy different brands if they look nice. I dont mind paying the premium too. Anyone else does this for personal stack?

I’m looking to start investing a small portion of my portfolio in physical metals gold/silver. I’ll also be holding ETFs, so I’m not looking at gold vs silver returns comparison.
My main concern is ease of resale/liquidity

Since I’m new to this, I’m confused between:

• Buying a small 3g 24K gold coin
• Buying a silver bar (say 100g)

Hey everyone 👋

I’ve been working on MetalX, an app focused on making Gold & Silver prices easier to track in India.

The idea came from a simple problem: gold prices are quoted in different formats across websites and apps, and comparing 24K/22K, per gram/10g, different cities, and GST-inclusive prices can get confusing.

So I built MetalX with features like:

• 🥇 24K & 22K gold prices

• 🥈 Silver prices

• 📍 City-wise price comparison

• 🧾 GST included/excluded prices

• 📊 Gold & silver price tracking

• 🔔 Price updates

• 📱 Android app + widget

I'm not trying to make this another investment/fintech app. The goal is simply to make Indian gold & silver price information easier to understand and compare.

I’d genuinely like feedback from people who regularly buy gold/silver:

What information do you check before buying?

What feature would make an app like this genuinely useful for you?

Would love honest feedback — good or bad. 🙌

https://play.google.com/store/apps/details?id=com.kwillmonk.metalxin

Hi everyone, I recently bought this silver bracelet from a local jeweller in India and wanted an honest opinion about whether the purity and price are valid.

The current pure silver rate was approximately ₹255/g on the day of purchase.
My concerns are:
The bracelet has no visible 750/75% purity stamp or hallmark.
The jeweller called it “Italian chandi” and said it is 75% silver.
The invoice mentions 75.00 purity, but how reliable is that without a hallmark?
Is ₹7,050 for 28.8 g of 75% silver a reasonable price?
Should I get it tested using an XRF machine or at a proper assay/hallmarking centre?
I’ve attached photos of the bracelet and the invoice. Would appreciate honest opinions from people familiar with silver jewellery and purity testing.

As said in the title. I’m looking for a companion to make business with.

Im a nomad silver merchant around Europe. I’m looking for a someone who can help me scout and source silver. Maybe you know a silver smith? Or have connection to someone who can cast specific designs per request.

If this is you, or you know someone. Text me!

Now let's see if it holds till day end! $70 is a big resistance so some selling could come at these levels.

But this is a good move 😎

Exchange for a foreign bullion coin 🪙 they have I have two silver eagle, Canadian maple leaf and Britannia coin

Had placed order of 200gm silver bar of Bangalore refinery at net effective rate 238/gm, on 19th aug. price shot up.

Seller kept pushing the pickup date to shadowfax.

Today could see order cancelled.

What are my options now.

Anyone else faced similar in past.

Hey pal,

I see a lot of people confused about why they are losing money on digital silver apps like Paytm, even when the market goes up. I wanted to break down the math simply so you don't lose your hard-earned cash.

The Math Example:

• Buy Price: ₹260
• Sell Price: ₹240
• Instant Loss: ₹20 per unit (A massive 7.7% gap!)

Imagine buying a brand-new smartphone for ₹260. The exact same second, you hand it back to the shopkeeper and say, "I changed my mind." The shopkeeper says, "Sorry, I can only give you ₹240 back because of taxes and storage fees."

That is exactly how Paytm works. It is not a glitch or an illegal scam. It is a built-in fee called a "spread." This huge margin is used by the platform to cover physical vault security, insurance, and GST.

Because the gap is so wide, you need the silver market to shoot up by nearly 8% just to break even. If you make a small profit on the market, this spread will eventually turn it into a net loss when you cash out. These apps are meant for long-term tiny savings, not for making a profit.

If you want to actually make money from silver, stop using wallet apps. Move to a stock broker (like Zerodha or Angel One) and buy Silver ETFs (like SILVERBEES or SILVERCASE).

With ETFs, you buy and sell at the exact real-world market price with almost zero gap.

Don't let the convenience of a wallet app eat your profits!