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Analysts place higher bets on gold despite silver’s outperformance

Business Standard

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October 04, 2025

As the rally in precious metals takes centre stage in 2025, most analysts recommend a larger allocation to gold over silver despite the latter's outperformance this year.

- SAI ARAVINDH & PUNEET WADHWA

In the current calendar year (CY25), spot gold prices in dollar terms rallied 47 per cent to a record $3,897 on Friday, while spot silver has surged 62 per cent to $48.5, outperforming major asset classes. As of Wednesday, MCX spot gold was up 54 per cent to ₹1,17,000 per 10 grams, while silver was up 68.7 per cent to ₹1,45,000.

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