Is Silver Set to Overtake Apple and Alphabet in Market Value, Closing in on NVIDIA?
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Synopsis
Silver's meteoric rise has allowed it to overtake tech giants Apple and Alphabet in market value, moving closer to NVIDIA. With a current market cap of $4.220 trillion, experts predict that silver may soon become the second most valuable asset behind gold, which still leads with a staggering $31.598 trillion.
Key Takeaways
- Silver has outstripped Apple Inc and Alphabet in market value.
- It is close to overtaking NVIDIA Corporation, aiming for the second spot.
- Silver's market capitalisation is currently $4.220 trillion.
- Gold remains the leading asset with $31.598 trillion.
- The price of silver has risen sharply, particularly in India.
New Delhi, Dec 28 (NationPress) Silver has experienced a remarkable surge, positioning itself as one of the world's most prized assets. It has surpassed tech powerhouses Apple Inc and Alphabet in market valuation and is rapidly approaching NVIDIA Corporation, aiming for the second place behind gold.
Data from companiesmarketcap.com indicates that silver's market capitalisation has reached $4.220 trillion, placing it just 8.1 percent below NVIDIA's current valuation of $4.592 trillion.
Gold maintains a significant lead as the most valued asset globally, boasting a market capitalisation of $31.598 trillion as of Friday, December 26.
The dramatic rise in silver's value coincides with a historic price rally. On Comex, spot silver surpassed the $75 per ounce threshold on Friday, continuing to set new record highs.
In India, silver futures on the Multi Commodity Exchange reached an unprecedented Rs 2,33,115 per kilogram during intraday trading. Meanwhile, NVIDIA's stock was trading at $188.61, reflecting a 0.32 percent decrease over the previous 24 hours.
Market analysts believe silver is on track to ascend further in global rankings. Surendra Mehta, the national secretary of the India Bullion and Jewellers Association (IBJA), stated that if the current trend persists, silver could surpass NVIDIA, clinching the title of the second-most valuable asset worldwide.
Mehta also highlighted unusual price discrepancies in the global silver market.
He noted that the price gap between silver on Comex and the Shanghai exchange has widened to nearly $7, significantly above the typical difference of less than $1.
The scale of the rally is evident in Indian markets, where silver prices on MCX have surged over 153 percent in the past year, climbing from Rs 91,600 on December 26, 2024, to Rs 2,31,879 on December 26, 2025.
While gold has also shown strong returns, it has trailed behind silver, increasing by nearly 80 percent during the same timeframe, with prices rising from Rs 77,460 to Rs 1,39,233 per 10 grams of 24-carat gold.
Point of View
I believe this significant shift in market dynamics underlines the evolving nature of asset valuation. The rapid ascent of silver reflects broader economic trends and investor sentiment, indicating a potential re-evaluation of asset classes. Our analysis will continue to monitor these developments as they unfold, ensuring our audience is well-informed.
NationPress
28/12/2025
Frequently Asked Questions
Why has silver's value increased recently?
Silver's value has surged due to a historic rally in prices, driven by heightened demand and market speculation.
How does silver compare to gold in terms of market capitalisation?
Gold remains the most valued asset globally, with a market capitalisation of $31.598 trillion, significantly higher than silver's $4.220 trillion.
What are experts predicting for silver's future?
Experts, like Surendra Mehta from IBJA, predict that silver could soon surpass NVIDIA, becoming the second-most valuable asset after gold.
