Silver crashes by ₹15,000 on last trading day of 2025; Gold also declines

The meteoric rise of precious metals in 2025 hit a significant speed bump on the final trading day of the year. Both gold and silver experienced a sharp pullback on the Multi Commodity Exchange (MCX) as investors moved to book profits following a historic rally. Silver, which has been the standout performer of the year, saw a dramatic plunge of 6%, dropping by ₹15,060 per kg to trade at ₹2,35,952. Gold also witnessed a slight decline of 0.4%, slipping to ₹1,36,124 per 10 grams at the start of the trading session.

Despite this year-end correction, 2025 remains a landmark year for precious metals. Silver has outperformed almost all major equity indices and global currencies, recording a staggering 161% gain over the past twelve months. For the first time in history, the white metal breached the $80 per ounce mark in the international market. This surge was fueled by silver's designation as a critical mineral in the US, chronic supply chain constraints, and dwindling global inventories.

Gold, too, had a stellar run in 2025, climbing 66% to hit multiple all-time highs. The yellow metal was consistently supported by heightened geopolitical tensions and global economic uncertainties, which drove investors toward safe-haven assets. Furthermore, aggressive and sustained buying by various central banks across the globe provided a solid floor for gold prices throughout the year, even as other asset classes faced volatility.