{"id":17085,"date":"2025-10-02T20:49:39","date_gmt":"2025-10-02T20:49:39","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/10\/02\/precious-metals-at-war-why-silver-may-outshine-gold-in-the-next-decade-business-news\/"},"modified":"2025-10-02T20:49:39","modified_gmt":"2025-10-02T20:49:39","slug":"precious-metals-at-war-why-silver-may-outshine-gold-in-the-next-decade-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/02\/precious-metals-at-war-why-silver-may-outshine-gold-in-the-next-decade-business-news\/","title":{"rendered":"Precious Metals At War: Why Silver May Outshine Gold In The Next Decade | Business News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9609652\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">October 02, 2025, 11:08 IST<\/time><\/p>\n<h2 id=\"asubttl-9609652\" class=\"jsx-c9f81425ec968c48 jsx-2232878617 asubttl-schema\">Silver\u2019s story is different. Its price is no longer driven solely by sentiment or jewellery demand but by industries at the heart of global transformation.<\/h2>\n<div class=\"jsx-cc1b15cf85effb8b artsharwrp\"><a href=\"https:\/\/news18.co\/gnps-en-btn\" target=\"_blank\" class=\"jsx-91f4da8d48c13a79 gglebtn bgblu\"\/><\/p>\n<div id=\"artshare\" class=\"jsx-cc1b15cf85effb8b artshare\">\n<div class=\"jsx-cc1b15cf85effb8b stickdiv\">\n<div class=\"jsx-cc1b15cf85effb8b deskwrapstkdiv\">\n<div class=\"jsx-cc1b15cf85effb8b fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" title=\"font\" class=\"jsx-cc1b15cf85effb8b lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-c9f81425ec968c48 jsx-2232878617 amimg\"><img decoding=\"async\" alt=\"Despite silver\u2019s stunning run, experts warn against chasing momentum blindly. A 50% surge in prices in a short time increases the risk of corrections. (Image: Representative)\" title=\"Despite silver\u2019s stunning run, experts warn against chasing momentum blindly. A 50% surge in prices in a short time increases the risk of corrections. (Image: Representative)\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-2232878617\"\/><\/p>\n<p>Despite silver\u2019s stunning run, experts warn against chasing momentum blindly. A 50% surge in prices in a short time increases the risk of corrections. (Image: Representative)<\/p>\n<\/figure>\n<p id=\"0\" class=\"story_para_0\">For generations, gold has been the star of Indian households \u2013 hoarded in lockers, worn during weddings, and treasured as insurance in times of crisis. But as silver prices surge globally, the white metal is now challenging gold\u2019s long-held dominance.<\/p>\n<p id=\"1\" class=\"story_para_1\">Experts suggest that silver could outperform gold in the next two to three years, with international prices expected to touch 70\u201372 dollars an ounce and domestic rates crossing Rs 2 lakh per kilogram.<\/p>\n<p id=\"2\" class=\"story_para_2\">The rally has been spectacular. On September 25, 2025, silver crossed 45 dollars for the first time in 14 years. In India, December MCX contracts jumped 2 percent to Rs 1,36,700, continuing a six-week streak of gains. For investors watching both gold and equity markets, the question has become sharper: should silver now be treated as seriously as gold?<\/p>\n<p id=\"3\" class=\"story_para_3\"><strong>Gold as a Lifeline<\/strong><\/p>\n<p id=\"4\" class=\"story_para_4\">Gold\u2019s emotional pull in India is undeniable. It is not just a commodity but a cultural and financial anchor. In 1991, when India\u2019s foreign exchange reserves were dangerously low, the country had to mortgage gold to secure survival.<\/p>\n<p id=\"5\" class=\"story_para_5\">During the 2020 pandemic, gold once again proved its worth as investors rushed toward safety. Central banks across the world still hold massive reserves, underlining gold\u2019s status as a long-term store of value.<\/p>\n<p id=\"6\" class=\"story_para_6\">Returns back this perception. Over three decades, gold has offered a steady cushion, delivering 7.6 percent annual returns in USD, which rose to 11 percent in India once the rupee\u2019s depreciation was factored in. Gold\u2019s track record gives investors confidence in uncertain times.<\/p>\n<p id=\"7\" class=\"story_para_7\"><strong>Silver\u2019s Industrial Edge<\/strong><\/p>\n<p id=\"8\" class=\"story_para_8\">Silver\u2019s story is different. Its price is no longer driven solely by sentiment or jewellery demand but by industries at the heart of global transformation. Silver is essential for electric vehicles, solar panels, semiconductor chips, and even 5G networks. Each EV requires roughly double the silver of a conventional car, tying the metal\u2019s future to the pace of clean energy adoption.<\/p>\n<p id=\"9\" class=\"story_para_9\">This industrial demand has injected fresh momentum into silver markets. Over the past year, silver has outperformed gold, giving 48% returns compared to gold\u2019s 43%, both leaving equities far behind. For many analysts, this practical utility makes silver not just a speculative buy but a metal of the future.<\/p>\n<p id=\"10\" class=\"story_para_10\"><strong>Correlation and Diversification<\/strong><\/p>\n<p id=\"11\" class=\"story_para_11\">For investors, the relationship between gold, silver, and equity is crucial. Gold and silver move together closely, with a correlation of 0.749, which means holding both doesn\u2019t provide much diversification.<\/p>\n<p id=\"12\" class=\"story_para_12\">However, silver shows a mild negative correlation with the Nifty, making it a better hedge against equity downturns. Gold, on the other hand, remains virtually uncorrelated with stocks, cementing its role as a safe-haven asset.<\/p>\n<p id=\"13\" class=\"story_para_13\">Currency swings add another layer. India imports almost all of its gold and silver, paying in dollars. This means the rupee\u2019s weakness often boosts returns in rupee terms. Silver, which returned 6.4% in USD over 30 years, delivered nearly 10 percent domestically.<\/p>\n<p id=\"14\" class=\"story_para_14\"><strong>The Buying Puzzle<\/strong><\/p>\n<p id=\"15\" class=\"story_para_15\">Investors today face multiple choices. Exchange-traded funds (ETFs) offer liquidity but carry brokerage and annual charges. Digital platforms make buying easy but come with GST and storage fees. Mutual funds spread risk but charge higher expenses. Physical metal offers tangible security but attracts GST, making charges, and locker costs.<\/p>\n<p id=\"16\" class=\"story_para_16\">For silver, these trade-offs mirror gold, with the added challenge of storage. Physical silver, being bulkier, is harder to hold than gold. For most investors, ETFs and digital silver have emerged as more convenient routes.<\/p>\n<p id=\"17\" class=\"story_para_17\">Despite silver\u2019s stunning run, experts warn against chasing momentum blindly. A 50% surge in prices in a short time increases the risk of corrections. Gold, meanwhile, continues to shine in its traditional role: the lifeline during crises. Silver\u2019s appeal rests on future industrial growth, which makes it promising but also volatile.<\/p>\n<p id=\"18\" class=\"story_para_18\">The consensus is clear: treat silver as a complement, not a replacement for gold. A balanced portfolio should blend both metals, gold for stability, silver for growth. The two together capture tradition and technology, past and future, offering investors a way to ride both safety and opportunity.<\/p>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"News Desk\" title=\"News Desk\" src=\"data:image\/jpeg;base64,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\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/news-desk-17918.html\" class=\"jsx-95088aad1b3c53cd atamail\">News Desk<\/a><\/p>\n<p>The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk d&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk d&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-2232878617 artcta\"><a href=\"https:\/\/news18.co\/gnps-en\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to add News18 as your preferred news source on Google. Stay updated with all the latest business news, including <a href=\"https:\/\/www.news18.com\/business\/markets\/\">market trends<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/topics\/stocks-to-watch\/\">stock updates<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/business\/tax\/\">tax<\/a>, IPO,\u00a0<a href=\"https:\/\/www.news18.com\/business\/banking-finance\/\">banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also <span data-olk-copy-source=\"MessageBody\">Download the\u00a0<a href=\"https:\/\/onelink.to\/eng-article-eop\">News18 App<\/a> to stay updated.<\/span><\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-2232878617 atbtlink Location\"><span>Location :<\/span><\/p>\n<p><span>West Bengal, India, India<\/span><\/p>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-2232878617 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>October 02, 2025, 11:08 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-2232878617 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <span class=\"brdout\"> Precious Metals At War: Why Silver May Outshine Gold In The Next Decade<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<section class=\"jsx-ddbb77f9e0c46f92 qrsect\">\n<div style=\"display:none\" class=\"jsx-ddbb77f9e0c46f92 paywall\">\n<p>The rally has been spectacular. On September 25, 2025, silver crossed 45 dollars for the first time in 14 years. In India, December MCX contracts jumped 2 percent to Rs 1,36,700, continuing a six-week streak of gains. For investors watching both gold and equity markets, the question has become sharper: should silver now be treated as seriously as gold?<\/p>\n<p><strong>Gold as a Lifeline<\/strong><\/p>\n<p>Gold\u2019s emotional pull in India is undeniable. It is not just a commodity but a cultural and financial anchor. In 1991, when India\u2019s foreign exchange reserves were dangerously low, the country had to mortgage gold to secure survival.<\/p>\n<p>During the 2020 pandemic, gold once again proved its worth as investors rushed toward safety. Central banks across the world still hold massive reserves, underlining gold\u2019s status as a long-term store of value.<\/p>\n<p>Returns back this perception. Over three decades, gold has offered a steady cushion, delivering 7.6 percent annual returns in USD, which rose to 11 percent in India once the rupee\u2019s depreciation was factored in. Gold\u2019s track record gives investors confidence in uncertain times.<\/p>\n<p><strong>Silver\u2019s Industrial Edge<\/strong><\/p>\n<p>Silver\u2019s story is different. Its price is no longer driven solely by sentiment or jewellery demand but by industries at the heart of global transformation. Silver is essential for electric vehicles, solar panels, semiconductor chips, and even 5G networks. Each EV requires roughly double the silver of a conventional car, tying the metal\u2019s future to the pace of clean energy adoption.<\/p>\n<p>This industrial demand has injected fresh momentum into silver markets. Over the past year, silver has outperformed gold, giving 48% returns compared to gold\u2019s 43%, both leaving equities far behind. For many analysts, this practical utility makes silver not just a speculative buy but a metal of the future.<\/p>\n<p><strong>Correlation and Diversification<\/strong><\/p>\n<p>For investors, the relationship between gold, silver, and equity is crucial. Gold and silver move together closely, with a correlation of 0.749, which means holding both doesn\u2019t provide much diversification.<\/p>\n<p>However, silver shows a mild negative correlation with the Nifty, making it a better hedge against equity downturns. Gold, on the other hand, remains virtually uncorrelated with stocks, cementing its role as a safe-haven asset.<\/p>\n<p>Currency swings add another layer. India imports almost all of its gold and silver, paying in dollars. This means the rupee\u2019s weakness often boosts returns in rupee terms. Silver, which returned 6.4% in USD over 30 years, delivered nearly 10 percent domestically.<\/p>\n<p><strong>The Buying Puzzle<\/strong><\/p>\n<p>Investors today face multiple choices. Exchange-traded funds (ETFs) offer liquidity but carry brokerage and annual charges. Digital platforms make buying easy but come with GST and storage fees. Mutual funds spread risk but charge higher expenses. Physical metal offers tangible security but attracts GST, making charges, and locker costs.<\/p>\n<p>For silver, these trade-offs mirror gold, with the added challenge of storage. Physical silver, being bulkier, is harder to hold than gold. For most investors, ETFs and digital silver have emerged as more convenient routes.<\/p>\n<p>Despite silver\u2019s stunning run, experts warn against chasing momentum blindly. A 50% surge in prices in a short time increases the risk of corrections. Gold, meanwhile, continues to shine in its traditional role: the lifeline during crises. Silver\u2019s appeal rests on future industrial growth, which makes it promising but also volatile.<\/p>\n<p>The consensus is clear: treat silver as a complement, not a replacement for gold. A balanced portfolio should blend both metals, gold for stability, silver for growth. The two together capture tradition and technology, past and future, offering investors a way to ride both safety and opportunity.<\/p>\n<\/div>\n<div class=\"jsx-ddbb77f9e0c46f92 qrcnt\">\n<div class=\"jsx-ddbb77f9e0c46f92 qrimg\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/goldenicon.svg\" alt=\"img\" class=\"jsx-ddbb77f9e0c46f92 prziccne\"\/><\/div>\n<div class=\"jsx-ddbb77f9e0c46f92 dskcont\">\n<div class=\"jsx-ddbb77f9e0c46f92 deskcol\">\n<div class=\"jsx-ddbb77f9e0c46f92\">\n<p>Stay Ahead, Read Faster<\/p>\n<p class=\"jsx-ddbb77f9e0c46f92 qrtxt\">Scan the QR code to download the News18 app and enjoy a seamless news experience anytime, anywhere.<\/p>\n<\/div>\n<div class=\"jsx-ddbb77f9e0c46f92 qrcodeimg\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/appfirst-desktop.png\" alt=\"QR Code\" width=\"150\" class=\"jsx-ddbb77f9e0c46f92\"\/><\/div>\n<\/div>\n<p><a href=\"https:\/\/www.news18.com\/login\/\" class=\"jsx-ddbb77f9e0c46f92 login\">login<\/a><\/div>\n<\/div>\n<\/section>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/precious-metals-at-war-why-silver-may-outshine-gold-in-the-next-decade-skn-ws-l-9609652.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:October 02, 2025, 11:08 IST Silver\u2019s story is different. Its price is no longer driven solely by sentiment or jewellery demand but by industries at the heart of global transformation. Despite silver\u2019s stunning run, experts warn against chasing momentum blindly. A 50% surge in prices in a short time increases the risk of corrections&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":17086,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-17085","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/17085","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=17085"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/17085\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/17086"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=17085"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=17085"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=17085"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}