Precious Metals Outperform Bitcoin with Significant Gains in 2025

Gold and other precious metals have significantly outperformed bitcoin this year:

Gold surged by 44% to $3,784 per ounce.
Silver increased by 53% to $44.32 per troy ounce.
Platinum rose by 60% to $1,452.
Palladium climbed 33% to $1,207.

Bitcoin recorded a more modest increase of over 20%, reaching $113,000.

Key factors influencing the rise in precious metals include:

Increased demand as safe havens amid economic concerns.
Central banks diversifying into gold, holding around 36,000 metric tons globally.
A buying spree post-COVID and following geopolitical tensions, adding over 1,000 metric tons annually for three years.

Bitcoin's role as a reserve asset is limited due to its absence from central bank balance sheets and price pressures from continued wallet liquidations above $110,000.