The data displays the silver reserves worldwide as estimated in 2017, distributed by major countries. As of that year, the U.S. had estimated silver reserves of approx. 25,000 metric tons. Australia, with an estimated 89 thousand metric tons, was ranked second worldwide based on silver reserves.
Global silver reserves
Silver is a soft, white lustrous metal and its precious metal status has established a growing silver market. In 2016, the average price of silver was around 17.1 USD per ounce. As a precious metal, silver is often used in the industry for currency as coins, ornaments, jewelry, and silverware.
