Silver has quietly outperformed India’s stock market this year, delivering stunning returns while the Nifty 50 remained largely flat.

According to CA Nitin Kaushik, silver prices have surged from around ₹1,00,000–₹1,05,000 per kilogram in April 2025 to nearly ₹1,57,000 per kilogram in October — marking a jump of about 56–57% in just six months. Advertisement

The Chartered Accountant noted that while everyone calls the stock market a “regret machine,” it’s silver that’s living up to that title this time. “No fancy IPO. No AI stock. Just a quiet metal outperforming every hype cycle,” he wrote.

In contrast, the benchmark Nifty 50 index has stayed nearly flat during the same period, delivering returns of less than 3%. He also highlighted how investor sentiment tends to shift after a rally.

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