DID Press: Silver recorded an unprecedented surge, surpassing Apple’s stock in market value and becoming the world’s third-most valuable asset after gold and Nvidia.
Silver’s market capitalization has reached approximately $4.04 trillion, slightly exceeding Apple’s valuation of $4.02 trillion, while its year-to-date return has climbed to nearly 150 percent.
Analysts cite growing expectations of interest-rate cuts by the U.S. Federal Reserve as one of the key drivers behind the rally.
In addition, rising industrial demand in sectors such as electronics and solar panels, along with a decline in inventories at Shanghai warehouses, has further reinforced the upward momentum of the precious metal.