Gold and copper futures see smaller declines
Precious metals were the standout performers among commodities this year, with silver outperforming most major equity indexes and currencies, while gold hit record highs on economic and geopolitical risks.
New Chinese policies restricting silver exports are set to kick in Thursday as Beijing tightens its grip on the metal. State-run Securities Times on Tuesday cited an unnamed industry insider who said the new export controls place it on the same regulatory footing as rare earths.
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Market veteran Peter Brandt has urged those who've profited from silver's rally to be careful. The trading guru said that price peaks rarely last and assets can give up all of their gains.
In a record weird year for the economy, the price of silver is the latest thing to behave strangely.
China controls around 70% of the silver that Big Tech, AI and solar power desperately need. Beijing is about to lock the gates.
Kurv Silver Enhanced Income ETF (KSLV) earns a buy rating for its innovative approach to delivering high income while closely tracking silver's price performance. KSLV employs synthetic long silver exposure with covered calls and excess long calls, enabling strong upside participation and a 21%+ distribution rate. Most distributions are classified as Return of Capital, providing material tax deferral advantages for taxable accounts versus ordinary income.
One of the biggest market booms of 2025 has been the bullish surge in silver.
Silver stole the spotlight in 2025 with a 132% surge, leaving gold behind as supply shortages, green demand and ETF inflows reshape the metals trade.
The Global X Silver Miners ETF (NYSEARCA: SIL) delivered 158% returns in 2025 while the S&P 500 gained 15%.
Nearly 109%. That's how much spot silver has increased this year, outpacing gold, which has surged 60% while setting several milestones.