Gold vs Silver 2025: Which Precious Metal Will Soar Higher Next?
Gold and silver prices rally in 2025. Experts advise higher gold allocation for stability and growth. See latest MCX prices and investment strategy.
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The 2025 rally in precious metals continues to capture investor attention, with market experts recommending a greater allocation to gold over silver, even as silver has delivered stronger returns this year.
In CY25, spot gold prices in USD rose 47.3% to reach a record $3,896.8 on Thursday, while silver climbed 62% to $48, surpassing most major asset classes. On the domestic front, MCX spot gold gained 54% to Rs 1,16,933 per 10 grams, whereas silver jumped 68.7% to Rs 1,44,888.
By contrast, equity benchmarks lagged behind. The Nifty and Sensex registered modest gains of around 5%, while broader indices such as Nifty Midcap and Smallcap remained in negative territory, according to ACE Equity data. Non-conventional investments also trailed precious metals, with bitcoin—the largest cryptocurrency—rising 22.2% this year.
Analysts attribute this year’s rally to central bank purchases, geopolitical tensions, and uncertainty over global trade tariffs. While short-term fluctuations may occur, experts suggest these dips could offer entry points for long-term investors. Gold is widely regarded as a safer investment during volatility, while silver offers higher potential returns due to its industrial demand.
Experts recommend digital formats such as ETFs and mutual funds over physical holdings. Storage, making charges, and liquidity challenges make physical gold less attractive, while silver presents additional bulk and purity concerns. Dasani highlighted that exchange-traded platforms provide easier access and management for both metals.
Modi advised that gold and silver should form at least 10% of an investor’s total portfolio, with allocation tailored to individual risk tolerance and investment horizon.
ICICI Securities projects spot gold to continue its upward trend toward $3,875, driven by a weaker dollar, falling US Treasury yields, and slow US job growth. Additionally, the risk of a government shutdown ahead of the October 1 funding deadline could further support bullion prices.
Domestic futures mirror this optimism. MCX Gold December is expected to rise toward Rs 1,17,500, with support near Rs 1,15,200. MCX Silver December may reach Rs 1,45,500, with a key support level at Rs 1,41,700.
