Silver Price Trends and its Impact on the Indian Economy Before and After Covid-19

Silver Price Trends and its Impact on the Indian Economy Before and After Covid-19 | Research Square window.SnipcartSettings = { analytics: { enabled: false } }; (function() { var accessVector = localStorage.getItem('access_vector') || ''; window.dataLayer = window.dataLayer || []; if (accessVector) { window.dataLayer.push({ user: { profile: { profileInfo: { snid: accessVector } } } }); } })(); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-K279D39R'); Browse Preprints In Review Journals COVID-19 Preprints AJE Video Bytes Research Tools Research Promotion AJE Professional Editing AJE Rubriq About Preprint Platform In Review Editorial Policies Our Team Advisory Board Help Center Sign In Submit a Preprint Cite Share Download PDF Short Report Silver Price Trends and its Impact on the Indian Economy Before and After Covid-19 Hemant Bhattacharya, Rohit Roy This is a preprint; it has not been peer reviewed by a journal. https://doi.org/ 10.21203/rs.3.rs-5877841/v1 This work is licensed under a CC BY 4.0 License Status: Posted Version 1 posted You are reading this latest preprint version Abstract This study investigates the relationship between silver price trends and the Indian economy, particularly in the context of the COVID-19 pandemic. Before the pandemic, silver prices were influenced by a mix of domestic and global factors, such as investment sentiment, industrial demand, and cultural significance. However, the pandemic brought substantial disruptions to global markets and the Indian economy, causing a sharp drop in silver prices due to reduced industrial activity and investor uncertainty. As economies began to recover, silver prices rebounded, driven by increased industrial demand, government stimulus measures, and relaxed restrictions. The analysis highlights the dual role of silver as a commodity and an economic indicator, emphasizing its cultural and economic importance in India. Notably, the country’s silver imports and exports during the pandemic underwent significant shifts, with exports surging due to international shortages and high prices, which benefitted the Indian economy. Survey data collected from 105 respondents revealed varying perceptions of silver’s value, its role as an investment, and its relationship with economic trends. Findings suggest a general expectation of rising silver prices and continued demand, reflecting optimism about economic recovery. The study underscores the intricate interplay between silver prices and economic factors, including government policies, inflation, and geopolitical tensions. It concludes by emphasizing the importance of understanding these dynamics to predict future trends and formulate strategies to leverage silver’s economic potential in India. Other Economics Microeconomics Full Text Additional Declarations The authors declare no competing interests. Statement of Consent All participants involved in this research provided informed consent prior to their participation. Participants were fully briefed on the purpose, methodology, and potential risks or benefits of the study. They were also informed of their right to withdraw from the study at any time without penalty and assured that their data would be kept confidential and used solely for research purposes. Furthermore, we, the authors of this research paper, hereby consent to its submission and potential publication in Springer Nature. All authors have contributed significantly to the work, reviewed the manuscript, and agreed to its content and conclusions. Furthermore, we affirm that the paper is original, has not been published elsewhere, and is not under consideration by any other publication. We confirm compliance with ethical guidelines and declare that any data collection involving human or animal subjects was conducted following the necessary ethical standards and with appropriate approvals. Cite Share Download PDF Status: Posted Version 1 posted You are reading this latest preprint version Research Square lets you share your work early, gain feedback from the community, and start making changes to your manuscript prior to peer review in a journal. As a division of Research Square Company, we’re committed to making research communication faster, fairer, and more useful. We do this by developing innovative software and high quality services for the global research community. Our growing team is made up of researchers and industry professionals working together to solve the most critical problems facing scientific publishing. Also discoverable on Platform About Our Team In Review Editorial Policies Advisory Board Help Center Resources Author Services Accessibility API Access RSS feed Manage Cookie Preferences © Research Square 2026 | ISSN 2693-5015 (online) Privacy Policy Terms of Service Do Not Sell My Personal Information {"props":{"pageProps":{"initialData":{"identity":"rs-5877841","acceptedTermsAndConditions":true,"allowDirectSubmit":true,"archivedVersions":[],"articleType":"Short Report","associatedPublications":[],"authors":[{"id":405411531,"identity":"66d0e5ef-9095-438e-bea1-e4adafc611cf","order_by":0,"name":"Hemant Bhattacharya","email":"data:image/png;base64,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","orcid":"","institution":"St. Xavier's University Kolkata","correspondingAuthor":true,"prefix":"","firstName":"Hemant","middleName":"","lastName":"Bhattacharya","suffix":""},{"id":405411532,"identity":"80c4c854-ea9d-4d29-a2de-cc8b565693d7","order_by":1,"name":"Rohit Roy","email":"","orcid":"","institution":"Amity University Kolkata","correspondingAuthor":false,"prefix":"","firstName":"Rohit","middleName":"","lastName":"Roy","suffix":""}],"badges":[],"createdAt":"2025-01-22 05:57:18","currentVersionCode":1,"declarations":{"humanSubjects":true,"vertebrateSubjects":false,"conflictsOfInterestStatement":false,"humanSubjectEthicalGuidelines":true,"humanSubjectConsent":true,"humanSubjectClinicalTrial":false,"humanSubjectCaseReport":false,"vertebrateSubjectEthicalGuidelines":false},"doi":"10.21203/rs.3.rs-5877841/v1","doiUrl":"https://doi.org/10.21203/rs.3.rs-5877841/v1","draftVersion":[],"editorialEvents":[],"editorialNote":"","failedWorkflow":false,"files":[{"id":75061737,"identity":"2bd48c46-d287-47f5-a7bf-9a9bb0e19c93","added_by":"auto","created_at":"2025-01-30 04:30:48","extension":"pdf","order_by":1,"title":"","display":"","copyAsset":false,"role":"manuscript-pdf","size":572273,"visible":true,"origin":"","legend":"","description":"","filename":"PriceTrendsofSilveranditsimpactonIndianEconomyBeforeandAfterCovid19.pdf","url":"https://assets-eu.researchsquare.com/files/rs-5877841/v1_covered_7371417d-06b4-4e27-b7a7-4c191121231b.pdf"}],"financialInterests":"\u003cp\u003eThe authors declare no competing interests.\u003c/p\u003e\n\u003cp\u003eStatement of Consent All participants involved in this research provided informed consent prior to their participation. 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