Is Samsung the reason for the rise in silver prices?

The use of silver is rapidly increasing in solar panels, electronics, semiconductors, and now in new battery technology. Meanwhile, Samsung has unveiled a new battery technology in which silver is said to play a crucial role. This new technology could make batteries safer, more durable, and faster to charge. Because of all these factors, there is growing speculation in the market that if the demand for silver increases further in the future, its price could also rise.

In 2025, silver has captured the attention of investors and industries worldwide. The price of silver has surged to approximately ₹2.31 lakh. This is not solely due to investor interest, but also to the increasing demand for silver in various industries and its limited supply.

Today, silver is being used extensively in solar panels, electronics, semiconductors, and now in new battery technologies.  Silver conducts electricity quickly and efficiently, making it essential for modern technologies.

Meanwhile, the emergence of Samsung's new battery technology has further intensified the discussion surrounding silver. This raises the question:

If the demand for silver increases further in the future, could its price rise even higher?

What is a solid-state battery?

A solid-state battery is a new type of battery technology.  Currently, most electric vehicles use lithium-ion batteries, which contain a liquid electrolyte. In contrast, solid-state batteries use a solid material instead of a liquid. This makes these batteries safer, more powerful, and longer-lasting.

The unique aspect of Samsung's solid-state battery is that silver is not only used in the wires or contacts, but is also being used extensively in the battery's internal structure.

This is why this technology is generating discussion not only in the battery sector but also regarding the demand and price of silver.

Why is silver so important in Samsung's batteries?

The role of silver in Samsung's new battery technology is considered very important. According to reports, approximately 5 grams of silver can be used in a single battery cell.

If an electric car has a 100 kWh battery pack, it would require a significant amount of silver.

The EV batteries currently in use utilize very little silver, and that too is mostly limited to the electronic components.

However, if this new Samsung technology is Adopted on a large scale, the use of silver in batteries will increase manifold, and the demand for silver could reach entirely new levels.

Will there be a significant shift in silver demand?

If solid-state batteries, like those being developed by Samsung, become even a small part of electric vehicle production in the future, the demand for silver could increase dramatically.

For example, if just a small percentage of the world's EVs were to use these batteries, it would require thousands of tons of additional silver every year. This amount would represent a substantial portion of current global silver production.

Since the silver market is already facing supply constraints, this shift could represent a major and lasting structural change for the silver market.

How far has this technology progressed?

Samsung's solid-state battery technology is still in its early stages.  It is not currently being used on a large scale and is not yet part of the main supply chain for electric vehicles.If this technology is used in the future, it is likely to start gradually and on a limited scale.