Ganesh Komma reviews 2025 metals performance: silver jumped 150%, gold hit record highs with 70% gains, platinum rose 120%, and copper climbed 60%. Supply shortages, central bank buying around 800-1,000 tons yearly, and demand from AI and renewables drove the surge. 2026 may see corrections, but geopolitics and the green transition could keep metals strong.
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In 2025, precious and base metals delivered the historic returns driven by supply constraints, strong investment demand and geopolitical shifts. Here is a snapshot. Silver is up nearly 150% last year with 33% gains just in the last month alone driven by supply deficit fifth straight year investment buying. China's export restrictions and tight inventories were also one of the reason for it. Lease rates are as high as 23 to 24% signal ongoing a lot of tightness there. Gold hit a 51 record highs in 2025, rising over 70% this year supported by geopolitical uncertainty. Central bank buying around 800 to 1,000 tons every year. Investment demand at record highs despite softer jewelry demand Coming to platinum surged over 120% reaching an all time high and in a third consecutive year of deficit with declining above ground stocks and strong investment interest, especially coming out from China. Coming to copper gained over 60% amid supply concerns and robust demand from renewables, artificial intelligence and even your data centers. Long term forecasts point to significant shortage by 2050 and coming to outlook for 2026. While sharp corrections are possible after such gains, market sentiments suggest buying on dips may continue. Geopolitics, green energy transitions and monetary policies will keep metals in focus. Stay informed, stay diversified and consider metals as a part of your entire asset diversification. That's how you create real wealth in 2026.
