Silver Surges Beyond $71, Market Cap Nears $4 Trillion

Silver Surpasses $71, Approaches $4 Trillion Market Cap

Silver soared past the $71 mark, marking a new all-time high as it continues a robust rally, making it one of 2025's top-performing assets. The metal has surged approximately 138% year-to-date, exceeding gold's 70% gain and paralleling platinum's returns.

Key Takeaways

• Silver's value has increased by 138% in 2025, overtaking gold and ranking as the fourth largest asset by market cap.
• Precious metals benefit from a weaker dollar, anticipated rate cuts, and growing demand for risk hedges.

With its market capitalization nearing $4 trillion, silver has emerged as the fourth-largest asset globally, as per CompaniesMarketCap data. Its valuation is now just $30 billion shy of Apple, while Nvidia stands as the second-largest asset at roughly $4.5 trillion.

The rise in precious metals follows investors increasingly seeking them as a hedge against escalating risks in equities and digital assets. Gold reached a record high above $4,500 on Monday.

Analysts highlight expectations of a more lenient US monetary policy, a weaker dollar, and ongoing geopolitical tensions as key drivers of this trend. Bullion prices have achieved multiple records this year, bolstered by US rate cuts and decreasing real yields. Goldman Sachs has projected gold will hit $4,900 by December 2026.

The US dollar has fallen nearly 10% in 2025, on course for its worst annual performance in eight years. Investors widely anticipate further weakness into 2026 as global growth strengthens and the Federal Reserve continues to ease policy.