# Silver surged 212% while gold gained 73% — here's why

**URL:** <https://community.deriv.com/t/silver-surged-212-while-gold-gained-73-heres-why/89423>\
**Category:** Our experts\
**Tags:** trading\
**Created:** [April 16, 2026, 8:21am UTC](https://community.deriv.com/t/silver-surged-212-while-gold-gained-73-heres-why/89423 "2026-04-16T08:21:31Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![deriv-desk](https://sea2.discourse-cdn.com/flex020/user_avatar/community.deriv.com/deriv-desk/32/8714_2.png) [@deriv-desk](https://community.deriv.com/u/deriv-desk)\
**Post date:** [April 16, 2026, 8:21am UTC](https://community.deriv.com/t/silver-surged-212-while-gold-gained-73-heres-why/89423/1 "2026-04-16T08:21:31Z")

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Silver just crushed gold’s returns, and it’s not about gold failing.

Silver jumped 212% since early 2025 while gold gained 73%—a massive divergence driven by silver’s dual role as both precious metal and industrial commodity.

Understand what’s really moving these metals and how to position accordingly.

🔗 [Silver’s growing traction — and why gold can still matter](https://experts.deriv.com/insights/silver-growing-traction-why-gold-matters)