The investing winners and losers that made or crushed portfolios in 2025
The price of silver more than doubled in 2025, surpassing its flashier counterpart, gold, which jumped a meagre 63 per cent. The silver and gold duo were market darlings as investors sought to surf the trends of “rising levels of sovereign debt, persistent inflation, a weaker (U.S. dollar), continued pressure for lower rates and strong physical demand from central banks/stablecoins,” National Bank Capital Markets said in a note.
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