Silver Becomes World’s Second Most Valuable Asset After Gold
Silver prices recorded an unprecedented surge on Wednesday, surpassing the level of $90 per ounce for the first time in history, supported by strong industrial demand and growing expectations that the US Federal Reserve may move toward monetary easing after weaker-than-expected inflation data.
March futures rose more than 4 percent to reach $90.30 per ounce, signaling accelerating investment momentum in the white metal.
Following the rally, silver’s market value reached about $5.084 trillion, overtaking Nvidia and becoming the world’s second most valuable asset after gold, which is valued at around $32.255 trillion.
Since the start of the year, silver has gained over 26 percent, extending the exceptional performance seen in 2025 when prices jumped more than 140 percent, driven by demand from the solar energy sector, its designation as a critical mineral in the United States, supply shortages and a weaker dollar.
The metal has continued to outperform gold, marking a notable shift in the global precious metals landscape.
March futures rose more than 4 percent to reach $90.30 per ounce, signaling accelerating investment momentum in the white metal.
Following the rally, silver’s market value reached about $5.084 trillion, overtaking Nvidia and becoming the world’s second most valuable asset after gold, which is valued at around $32.255 trillion.
Since the start of the year, silver has gained over 26 percent, extending the exceptional performance seen in 2025 when prices jumped more than 140 percent, driven by demand from the solar energy sector, its designation as a critical mineral in the United States, supply shortages and a weaker dollar.
The metal has continued to outperform gold, marking a notable shift in the global precious metals landscape.