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Rising industrial demand: Silver is a key input for solar panels, electric vehicles, electronics, and other clean energy technologies. Growing global investment in renewable energy and tech manufacturing has significantly lifted demand.
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Tight supply conditions: Much of global silver output is produced as a by-product of other metals, limiting the ability to increase supply quickly. This has led to a structural supply deficit in the market.
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Expectations of US Fed rate cuts: Increasing expectations that the US Federal Reserve may begin cutting interest rates have made non-yielding assets like silver more attractive to investors.
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Higher investment inflows: Investors are turning to silver as a hedge against inflation and economic uncertainty, driving increased inflows into silver-backed ETFs and other investment products.
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Geopolitical and policy pressures: Global geopolitical tensions and export restrictions from key producing countries have raised concerns over supply disruptions, adding upward pressure on prices.
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Strong price performance: Supported by both industrial and investment demand, silver prices have risen sharply in recent months, lifting its overall market value above several major global companies.
Silver Overtakes Tech Giants to Become World’s 3rd Most Valuable Asset
Mon, Dec 29, 2025 12:58 PM on Highlight News, National, International,
Silver has surged into the global spotlight, rising to the third-largest asset class by market value — ahead of major tech companies like Apple and Google. According to market capitalisation data, silver now stands at around $4.48 trillion, ranking only behind gold and NVIDIA and surpassing Apple and Alphabet (Google) in total asset value. The move reflects one of the strongest performances among major assets this year, with silver prices hitting near record highs and trading above $79 per ounce recently.
Analysts attribute silver’s remarkable rise to a combination of structural and macroeconomic drivers. A persistent supply deficit, where demand has outpaced global output for several years, has tightened physical availability and pushed prices higher. At the same time, industrial demand — especially from solar energy, electric vehicles, and electronics sectors — has grown sharply, reinforcing silver’s fundamental value beyond its traditional role as a precious metal.
Why Silver Has Been Gaining So Much in Recent Weeks
Several factors have converged to fuel silver’s rapid ascent:
This historic rally reflects both silver’s industrial importance in the global energy and tech transitions and its investment appeal as market conditions evolve, making 2025 one of the most dramatic years ever for the metal.
