Gold vs Silver: Which Had Better Performance?
Over the last Year (Feb 2025 - Feb 2026)
๐Gold โ Started around $2,600โ$2,700/oz (early 2025 levels), now ~$5,040โ$5,060/oz โ Up ~85โ95% (strong rally, with 2025 alone delivering ~65% gains in many reports).
๐Silver โ Started around $28โ$30/oz (early 2025), now ~$81โ$83/oz (after sharp corrections in early Feb 2026 from peaks over $100โ$120) โ Up ~170โ190% (massive outperformance, with 2025 gains reported at 145โ150% or even 163% in some aggregates).
๐Silver had dramatically better percentage performance over the past year. It crushed gold's returns โ often or more โ driven by explosive industrial demand (solar, EVs, electronics), persistent supply deficits, and speculative fervor.
๐ฅ recent early 2026 volatility :
Both metals hit historic highs in late 2025/Jan 2026 (gold ~$5,600+, silver ~$120+), then corrected sharply in February (gold -25%+ from peak in days, silver -40%+ in some stretches). Despite the pullback, silver still shows stronger net gains from a year ago, and the gold/silver ratio has fallen from ~90โ100:1 in mid-2025 to ~62โ65:1 now โ a classic sign of silver outperforming.
