Why can silver outperform gold and Bitcoin in the 2026 cycle?
The year 2025 marks a major turning point in the precious metals market: silver increased by over 120%, far exceeding gold (+~60%) and Bitcoin – an asset that reached a historic peak and then entered a strong correction phase.
But what is more important: the rise of silver is not driven by speculation, but by structural changes in the global economy.
Silver is benefiting from a rare macro cycle
Living long enough to see silver increase in price so aggressively
From late 2025, the Fed and many major central banks will begin to ease monetary policy.
→ Real yields decrease
→ The USD weakens
→ Inflation remains "persistent"
In that environment, tangible assets (hard assets) are always prioritized.
But unlike gold, silver is not only a monetary hedge – it is also a raw material for economic growth.
This dual role helps silver increase more strongly than gold during expansion cycles.
About 50% of global silver demand comes from industry, and this percentage is rapidly rising.
Meanwhile:
• Silver is not primarily mined as an independent metal
• Most comes from by-products of copper, zinc, lead
→ Supply is very inflexible
From 2021 to 2025, the global silver market has continuously fallen into supply-demand deficits, and 2025 will be the fifth consecutive year.
Electric vehicles & renewable energy are “devouring” silver
Silver is the best electrical conductor in the world → irreplaceable in:
• Batteries
• Controllers
• Solar panels
• Fast charging stations
An electric vehicle uses 25–50 grams of silver, about 70% higher than gasoline vehicles.
As global EV sales increase by double digits each year, silver demand for the automotive industry has reached tens of millions of ounces/year.
The year 2025 marks a major turning point in the precious metals market: silver increased by over 120%, far exceeding gold (+~60%) and Bitcoin – an asset that reached a historic peak and then entered a strong correction phase.
But what is more important: the rise of silver is not driven by speculation, but by structural changes in the global economy.
Silver is benefiting from a rare macro cycle
Living long enough to see silver increase in price so aggressively
From late 2025, the Fed and many major central banks will begin to ease monetary policy.
→ Real yields decrease
→ The USD weakens
→ Inflation remains "persistent"
In that environment, tangible assets (hard assets) are always prioritized.
But unlike gold, silver is not only a monetary hedge – it is also a raw material for economic growth.
This dual role helps silver increase more strongly than gold during expansion cycles.
About 50% of global silver demand comes from industry, and this percentage is rapidly rising.
Meanwhile:
• Silver is not primarily mined as an independent metal
• Most comes from by-products of copper, zinc, lead
→ Supply is very inflexible
From 2021 to 2025, the global silver market has continuously fallen into supply-demand deficits, and 2025 will be the fifth consecutive year.
Electric vehicles & renewable energy are “devouring” silver
Silver is the best electrical conductor in the world → irreplaceable in:
• Batteries
• Controllers
• Solar panels
• Fast charging stations
An electric vehicle uses 25–50 grams of silver, about 70% higher than gasoline vehicles.
As global EV sales increase by double digits each year, silver demand for the automotive industry has reached tens of millions of ounces/year.