New Delhi, Dec. 27 -- Amid shifting global monetary policy, persistent inflation pressures, and rising industrial demand, precious metals enjoyed a stellar year, led by silver. Its extraordinary 165% rise has evolved from just being a safe-haven bet to a smart portfolio diversifier, and also the best-performing asset of 2025.

Silver, which has crossed the Rs.242,000 per kg mark in the domestic market, has eclipsed the rise seen in the other precious metals like gold, even as it has witnessed a spectacular bull run of 82% in 2025.

The scorching rally has been supported by elevated central-bank purchases, inflows to exchange-traded funds and three successive interest-rate cuts by the US Federal Reserve. US President Donald Trump's aggress...