Concept: October 4 ,2022. Size of the World Silver Market

The approximate value in US$ of the world silver market capitalization is 1.285 trillion US$.

This calculation has been made estimating the total amount of silver mined so far, which is 1.74 million metric tonnes. The current price of silver is 20.94 US$/ounce and there are 35274 ounces in a metric tonne.

Here is a chart that shows the total silver extraction since the year 1900:

Source of the chart

For further information, read this article

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.