Silver and Copper Outperform Equities as Commodities Rally
Silver prices have surged 90% in 2025, eclipsing gold's 62% gain and transforming a $1,000 investment into $1,900. The metal now trades at $56.9 after starting the year at $29.50.
Copper breached $11,000 per ton, up 27% year-to-date, driven by insatiable industrial demand. The red metal powers everything from EV batteries to wind turbines, with Morgan Stanley warning of looming supply shortages.
Commodities now outpace major indices: the Dow (+13%), S&P 500 (+17%), and Nasdaq (+22%) trail silver's meteoric rise. Copper's rally reflects broader infrastructure spending trends as governments accelerate energy transitions.