Silver prices hit a record on MCX before an 8% crash, but remain up nearly 175% in 2025, outpacing gold as industrial demand and safe-haven flows drive gains. Buoyed by increased demand, the white metal silver has delivered an exceptional return in the current calendar year. Its bull run was so aggressive that it eclipsed the returns offered by gold, which is up over 80% this year. Being a by-product of metals like copper, lead, and zinc, a rally in silver prices is not necessarily due to higher production. Industrial demand in the sectors of solar panels, electronics, electric vehicles, and other high-tech applications pushed the silver prices.

Source: dna December 29, 2025 12:14 UTC