
According to the latest market data, the total market capitalization of precious metal silver has surpassed $4.63 trillion, officially overtaking NVIDIA, the world's leading chipmaker, to become the second-largest asset class globally.
Currently, the only asset class with a higher market capitalization than silver is gold, with a total size of approximately $31.34 trillion, continuing to hold the top spot globally.
This change in market capitalization not only reflects a revaluation of silver driven by both investment and industrial demand, but also highlights the continued attention precious metals receive as traditional safe-haven assets amidst global economic uncertainty.
Silver possesses both financial attributes and a solid industrial application foundation, with steadily increasing demand in sectors such as new energy and electronics manufacturing. It has also become an important choice for asset allocation in an environment of inflationary expectations and monetary easing.
In contrast, NVIDIA, as a representative company in the technology industry, despite its leading position in artificial intelligence and high-performance computing, is still affected by industry cycles, market sentiment, and valuation fluctuations.
Silver's market capitalization surpassing NVIDIA, to some extent, reflects a structural shift in market asset allocation—a partial shift from growth-oriented technology stocks to tangible assets and safe-haven assets.
Overall, gold and silver currently occupy the top two positions in global asset market capitalization, confirming the special status of precious metals in long-term wealth storage and risk hedging. In the future, their price movements will continue to be influenced by multiple factors, including macroeconomic policies, geopolitical situations, and the development of global industrial chains. (Source: CHAIN CATCHER)