Not Only Gold—Silver, Platinum, and Other Metals Are Capturing Investor Attention Over Bitcoin This Year

Precious Metals Outpace Bitcoin in 2025: Silver, Platinum, and Palladium Join Gold’s Rally

Gold has led asset performance in 2025, but it’s not the only winner. Silver, platinum, and palladium have also delivered strong gains, collectively outperforming bitcoin.

Gold has surged 44% to a record $3,784 per ounce. Silver has climbed 53% to $44.32, platinum is up 60% at $1,452, and palladium has risen 33% to $1,207, according to TradingView. Meanwhile, bitcoin, often called “digital gold,” has increased just over 20%, trading near $113,000.

The year-to-date performance highlights the continued appeal of precious metals as inflation hedges and safe-haven assets amid fiscal uncertainty, geopolitical tensions, and concerns over central bank independence.

Central bank purchases have fueled the rally further. Globally, central banks hold roughly 36,000 metric tons of gold, with annual purchases exceeding 1,000 metric tons over the past three years — more than double the average of the previous decade. Buying accelerated after the COVID-19 pandemic and Russia’s 2022 invasion of Ukraine, which heightened inflationary pressures worldwide.

Bitcoin, by contrast, has yet to secure a place on central bank balance sheets, limiting its institutional adoption. Its price has also been restrained by liquidations from older wallets above $110,000, which have offset inflows from ETFs.

The 2025 trend underscores that while bitcoin continues to attract attention, traditional precious metals remain the go-to assets for wealth preservation and hedging against economic uncertainty.

About The Author

ctleditor

See author's posts