09 Oct 2025 | 5 Mins Read
Silver gains momentum as gold prices surge
Flipitmoney
Silver surged 69 percent to a new high of $49.57 on October 8, outperforming gold's 56 percent gain with a $21.65 premium in rupee terms. Demand from industries like renewable energy and electronics, along with a supply deficit, monetary easing, and dollar depreciation, drove the price increase. Silver is expected to outperform gold over the medium term.