**Silver Nears Historic Milestone as Gold Soars Past USD 4,000**
Mumbai: After gold made history by crossing the USD 4,000 mark on October 1, all eyes have now turned to silver, which is inching closer to breaking a major milestone of its own — USD 50 per ounce.
As of October 9, silver is trading at USD 49.02, just shy of its historical high of USD 49.95 set back in January 1980.
### Past Highs — Some Controversial
Silver’s first major price peak in 1980 was linked to a controversial attempt to corner the market, which ultimately led to a price crash. The second significant peak came in 2011, when silver touched USD 48.70, this time driven by real demand.
On October 8, 2025, silver reached USD 48.74, very close to that previous mark, and is now poised to break above both past records.
### Silver Outperforming Gold in 2025
While gold has stolen the spotlight by hitting USD 4,000, silver has actually delivered better returns in 2025. Over the past month, silver rose nearly 20 percent, compared to gold’s 11 percent gain.
Year-to-date (YTD), silver has surged an impressive 70 percent, outpacing gold’s 53 percent. In the last 12 months, silver has jumped over 60 percent, whereas gold rose 54 percent.
### Long-Term Trends Show Silver Wins in Big Rallies
Historical data reveals that silver tends to outperform gold during major price rallies. During previous bull runs — such as from 2003 to 2008, 2008 to 2011, and 2018 to 2021 — silver consistently delivered stronger gains.
One standout period was between December 2008 and April 2011, when silver soared 353 percent, while gold gained only 78 percent.
### Gold-to-Silver Ratio Signals More Room for Silver
As silver prices rise faster than gold, the gold-to-silver ratio has fallen from a peak of 100 to 82. Although this is still above the long-term average of 70, it suggests that silver may have more room to climb.
With gold hovering around USD 4,040 and silver nearing USD 49, silver could continue its upward momentum, especially if gold holds steady or cools slightly.
—
Keep an eye on this space as silver moves closer to breaking a major psychological barrier, signaling exciting times ahead for precious metal investors.
https://www.freepressjournal.in/business/after-golds-record-breaking-run-above-4000-silver-now-eyes-historic-usd-50-breakout-could-outshine-gold-in-2025-rally