Mumbai, Sept. 16 -- Silver, once derided as the "poor man's gold," is having its moment in the sun.

With a stunning 43% rally this year, it has outperformed gold's 37% surge, grabbing the attention of investors. Currently, spot silver on the Commodity Exchange Inc. (Comex) is trading at $42.5 per ounce, still shy of its $50 peak in 2011.

But don't be fooled by the shine-experts warn this breath-taking climb may be a mirage.

Experts caution that silver's shimmer may prove fleeting, with turbulent prices likely over the next couple of quarters amid global uncertainty. "Silver may not rise at the same pace over the next three months," said Anil Ghelani, head of passive investments and products at DSP Mutual Fund.

Given silver's unpredict...