Silver Surpasses Nvidia to Become the World’s Second Most Valuable Asset

Silver has emerged as the world’s second most valuable asset, overtaking tech giant Nvidia. This year, silver prices have surged an astonishing 185%, marking the best performance for the metal since 1979.

Record-Breaking Performance
On international markets, silver recently crossed $82 per ounce for the first time, registering an 8% daily gain. Its market capitalization now stands at $4.85 trillion, surpassing Nvidia’s $4.638 trillion. Only gold, with a market cap of around $30 trillion, remains ahead as the most valuable asset globally.

Rising Demand Across Industries
The sharp rise in silver prices is driven by both traditional and industrial demand. In India, silver has historically been used for coins, utensils, and jewelry. Recently, its industrial use has expanded significantly. Rapidly growing sectors such as solar, electric vehicles (EVs), and semiconductors are increasingly relying on silver, boosting demand at a pace that supply has struggled to match.

Global Factors Driving Prices
Several global trends are further supporting silver prices. Investors and jewelers are increasingly combining gold and silver in jewelry designs. Additionally, declining U.S. interest rates have made the dollar cheaper. Since gold and silver are traded in dollars, they become more affordable in other currencies, leading to heightened demand worldwide.

Conclusion
With industrial demand rising and market dynamics favoring precious metals, silver has firmly established itself as a leading global asset. Its unprecedented surge this year demonstrates its growing importance in both investment portfolios and industrial applications.