New Delhi, Feb. 26 -- In 2025, one uncomfortable fact stared investors in the face: gold price and silver price outperformed many major equity indices. For Indian investors who had gone "all in" on equities, it was a reminder that risk comes in many forms.

As 2026 unfolds, the right question is not "gold or stocks?" but "how do gold, silver and the US Stock Market work together in a resilient portfolio?"

Here are 10 lessons from the last year.

Whenever inflation, geopolitical risk or policy uncertainty spike, gold price and silver price tend to catch a bid. 2025 was full of such moments - from rate‑path confusion to geopolitical flare‑ups.

For Indian investors, this is not new, but the scale of the move was a reminder that...