The year 2025 has been a great year for the commodities market, especially for precious metals like Gold, Silver, Copper and Platinum. Due to geo-political tension and market uncertainty, investors are increasingly inclined towards safe havens. Gold and Silver have seen a tremendous rally of more than 60% since January. Central Banks around the world are buying gold in huge quantities, while retail investors are earning through options like ETFs and Digital Gold. But on the contrary, the high prices of gold and silver have shocked the jewelery sector. Due to decline in sales and margin pressure, shares of brands like Kalyan Jewellers, Senco Gold and Motisons have seen a decline of up to 35%. However, in the long term, Kalyan has given returns of 400% and Senco has given returns of 49%. On the other hand, Titan, Goldiam and Bluestone are maintaining slight gains. Customers are now shifting towards lighter weight 9K, 14K and 18K jewellery, while investment in physical gold is decreasing due to increase in GST and Making Charges.

Everyone has been listening to the stories of Gold, but now the real glow is seen in the silver! Experts believe that the price of Silver can reach ₹ 1.5 lakh per kg in the next few years. But why? The answer is-Industrial Demand, Geopolitical Shifts, and Investment Behavior’s tremendous combination historically, Silver was called “Poor Man’s Gold”, but today it has become a dual-purpose metal-today it has become an Investment Asset, on the other hand Industrial Necessity. Silver is exploded in sectors like Solar Panels, Electric Vehicles, and Electronics. According to IEA, only Solar Industry will consume 25-30% of Global Silver Demand in the coming 5-10 years. In India too, there has been tremendous growth in Silver ETFS – AUM has reached AUM from ₹ 7,400 crore to ₹ 16,800 crore. In 2025, Nippon India Silver ETF crossed the Milestone of ₹ 10,000 crore. Globally is also at the Record level in Silver ETFs – only in June 2025, $ 1.6 Billion was influenced. The strategic buying of Saudi and BRICS countries shows that Silver has now become a sanction-proftegic reserve Asset, but not just a commodity. Gold-to-Silver Ratio is still 90–100: 1, which is historically high-it means that silver is undervalued and it can outperform Gold in Future. In 2025 YTD, Silver has given ~ 42% return, while Gold is at ~ 36%. Silver’s speed is now getting faster than Gold.