Silver’s record-breaking rally in 2025
MCX silver prices have surged about 85% year-to-date in 2025, crossing ₹1.78 lakh per kilogram for the first time. The rally has outshined gold, which delivered around 60% gains in the same period. This marks the strongest annual performance for silver in over a decade, driven by heightened investor demand and a tightening global supply.
Key factors behind the silver uptrend
Analysts attribute the meteoric rise to several converging factors:
- Global demand growth from renewable energy sectors, particularly solar panel manufacturing.
- Rising industrial consumption and limited new mine supply.
- Weakening dollar and geopolitical uncertainty boosting safe-haven buying.
- Institutional interest, with several large funds reallocating from equities to commodities.
Comparison with gold performance
While gold also delivered remarkable returns this year, silver’s rally was steeper due to its dual nature as both an industrial metal and a store of value. Gold’s price gains were largely supported by central bank buying and inflation hedging, while silver saw speculative and industrial demand working in tandem.
Outlook for 2026
Experts remain cautiously optimistic about silver’s outlook for 2026. Some forecasts suggest that if inflation remains sticky and renewable energy investment continues, prices may stay elevated. However, others warn that a stronger dollar or easing geopolitical risks could prompt a correction.
“Silver’s performance has exceeded even bullish expectations in 2025. The sustainability of this pace will depend on industrial momentum and global monetary shifts,” noted a commodities strategist.
Market sentiment
Retail investors have intensified their interest in silver ETFs and physical bullion following the recent breakout. Meanwhile, traders watch closely for potential profit-taking near the ₹1.80 lakh mark. Silver’s volatility remains higher than gold’s, offering both greater risk and reward potential.
Author’s summary: Silver prices soared nearly 85% in 2025, beating gold and hitting record highs above ₹1.78 lakh, but analysts are divided on whether momentum will carry into 2026.
More News
- Joe Rogan witnesses unprecedented moment at UFC 323 after nearly three decades
- Money on the line: scaling electricity interconnection for Europe’s energy future
- Electricity Journal Overview
- Bruegel: Without refining or delaying CBAM for electricity, EU risks market integration, security of supply
- Activity | Definition, Units, & Facts
- Joe Rogan exposes Trump's over-the-top texting habit: President makes messages 'go big' in all caps like '79-year-old kid'
- The Joe Rogan Experience – Podcast
- Joe Rogan Experience hits new heights as it is named Spotify's most popular podcast for SIXTH year in a row
- Patel says Comey case is far from over
- QRCS proceeds with restoration works at four destroyed health centers in Gaza