Gold vs silver, Feb. 12 -- The year 2025 belonged to silver in every sense. The white metal surged 170%, not only far eclipsing the 70% rise delivered by its more expensive cousin, gold, but also emerging as the best-performing asset across categories.

The rally in silver was driven by a mix of fundamental and speculative factors, including geopolitical tensions, a widening demand-supply mismatch, a weaker US dollar, and the Federal Reserve's rate cuts. Leveraged positioning and options-driven trading further amplified the surge.

2026 began on a strong note for both precious metals, with silver continuing its outperformance. However, selling pressure toward the end of January erased nearly half of its earlier gains. MCX silver prices st...