Gold Grabs Headlines, But Is Silver the Real Star in 2025

Gold has been in the spotlight with its record-breaking rally, surpassing the Rs.88,310 per 10 grams mark for the first time, as geopolitical and economic uncertainties drove investors toward the safe-haven asset. Meanwhile, silver also reached a new high of Rs.1,01,999 per KG in 2025 reflecting growing demand and its dual role as both a monetary and industrial metal.

- 

Gold has been in the spotlight with its record-breaking rally, surpassing the Rs.88,310 per 10 grams mark for the first time, as geopolitical and economic uncertainties drove investors toward the safe-haven asset. Meanwhile, silver also reached a new high of Rs.1,01,999 per KG in 2025 reflecting growing demand and its dual role as both a monetary and industrial metal.

Historically silver is referred as the "poor man's gold". However, silver plays a significant role in various industries, including electronics, renewable energy, and high-tech manufacturing. Silver may surpass gold's performance in the coming quarters. While gold remains a strong asset, silver's industrial demand, relative undervaluation, supply concerns and monetary appeal could set it up for better gains. If these trends continue, silver may outperform gold in coming quarters.

Silver's Historical Outperformance in Bull Markets

Silver has a history of outperforming gold in most precious metals bull markets, predominantly as the rally peaks. In 2020, amidst pandemic-driven uncertainty, silver prices surged nearly 63%, outpacing gold's gains. A similar trend appears to be emerging in 2025. While gold touched a yearly high of approximately 26% in 2024, silver quietly climbed 34%, setting the stage for a potential repeat of its past outperformance.

Silver has long played a dual role-both as a safe-haven asset and as a critical industrial metal.

Silver's Industrial Demand Fuels a Bullish Outlook