New Delhi, March 16 -- Prices of silver are anitcipated to outpace that of gold, driven by supply deficits and growing industrial demand, which are expected to act as strong tailwinds for the metal's value, according to the global investment firm WisdomTree.

"We anticipate that silver will outpace gold, gaining 23 per cent over the coming year compared to gold's projected 17 per cent increase (Q4 2024 to Q4 2025)," the report added.

"We remain optimistic about its potential, with supply deficits and increasing industrial demand acting as strong tailwinds," the report said, answering the question on whether the fortunes of silver is set to change in 2025.

According to the report, there has been a shortage of supply for silver for four y...