Silver BellsAs “Silver Bells” returns to the holiday playlist, the markets have taken the title literally. Like gold, silver benefits when investors look for “real assets” to protect purchasing power amid inflation concerns and geopolitical risk. And with the Fed cutting rates this year, the opportunity cost of holding non-yielding assets like gold and silver has fallen. The Silver Institute reports that industrial applications now consume 60 percent of annual silver supply, compared to roughly 10 percent for gold. Silver bells, silver bellsIt’s Christmas time in the cityRing-a-ling, hear them singSoon it will be Christmas dayString of street lights, even stop lightsBlink a bright red and greenAs the shoppers rush home with their treasuresPhilequity Management is the fund manager of the leading mutual funds in the Philippines.
Source: Philippine Star December 21, 2025 18:27 UTC