Silver Surpasses Google to Become Fourth-Largest Asset by Market Cap
Silver's market capitalization has soared to $3.7 trillion, eclipsing Alphabet Inc. to claim the fourth spot among global assets. The metal's 125% rally this year reflects intensifying demand from renewable energy, electric vehicles, and data center applications.
Industrial consumption and shrinking inventories have propelled silver past tech behemoths Microsoft and Google in valuation. Investors increasingly view the precious metal as both an inflation hedge and critical infrastructure component for the energy transition.
The price surge above $66/oz underscores silver's dual appeal as monetary metal and industrial commodity. Unlike digital assets or corporate equities, silver benefits from tangible scarcity coupled with expanding technological applications.