New Delhi, Oct. 18 -- It's a race where the first place goes to silver.

Gold had been on the ride of a lifetime since economic and policy uncertainty drove central banks to hoard the precious metal instead of the US dollar. What had started off as gold's sheen rubbing off on silver, has evolved into a full-blown rally in the industrial metal that now outperforms gold.

Silver is up 30% in barely a month, and almost 90% up so far in 2025 compared to gold's 65%. Where is it headed?







Silver's high conductivity and low reactivity give it a unique advantage in new-age industrial applications including electronics, solar energy, and electric vehicle batteries apart from use in medicine, chemistry and jewellery. In the fight for rare eart...