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This Christmas season brought a surprise winner to global markets. Silver captured attention across the world and emerged as the standout performer. While stock markets slowed during the holidays, silver prices kept rising. The metal delivered one of its strongest performances in decades.
Silver prices climbed above $72 per ounce in global trade. This move pushed yearly gains close to 150 percent. The rally changed global asset rankings. Silver became the world’s third-most valuable asset. It moved ahead of Apple and Google. Only Gold and NVIDIA now stand above silver.
Market value figures highlight the shift. Silver reached a market capitalization of about $4.06 trillion. Apple followed closely at around $4.05 trillion. Google owner Alphabet stood lower at nearly $3.8 trillion. Amazon remained far behind. This rise placed silver among the most valuable assets on the planet.
Gold continues to lead global rankings with a market value near $15 trillion. NVIDIA holds second place at roughly $4.58 trillion. Silver’s rise into third place marks a major moment. A precious metal now stands alongside top technology leaders.
Silver prices stayed firm through Christmas Eve. On December 24, silver closed near $71.88 per ounce. Trading paused for the holiday. Investor interest stayed strong. The rally now ranks as silver’s best yearly performance since 1979.
Several factors support this strong move. Industrial demand remains the biggest driver. Silver plays a key role in modern industries. Electronics use silver for high conductivity. Silver is also utilized in solar panels for their energy efficiency. Electric vehicles need silver for batteries and circuits. Medical equipment also depends on silver coatings. Growth in these sectors keeps demand high.
Economic conditions also support silver. Investors expect lower interest rates in the coming years. Lower rates usually support precious metals. Silver does not offer yield. It still attracts buyers during easy money phases. Geopolitical tensions also raise demand for safe assets. Recent global events increased caution among investors.
Performance data clearly shows silver’s strength. Over the past year, prices rose by more than 138 percent. Gains reached about 99 percent over six months. Three-month growth stood near 59 percent. Even the last month delivered returns of close to 39 percent. Gold posted solid gains, too. Silver outperformed across most time frames.
Market experts believe silver still has support. Exchange-traded fund inflows remain steady. Central banks continue to buy precious metals. Supply growth remains limited. New production does not keep pace with rising demand. This gap supports higher prices.
Some analysts warn about short-term risks. Silver now trades near key resistance levels. Profit-taking may occur after such a sharp rise. Prices could dip toward $68 per ounce in the short term. Strong momentum could still push silver toward $75.
Silver’s Christmas rally reshaped global markets. The metal moved past Apple and Google with ease. Silver now stands behind Gold and NVIDIA. This rise highlights silver’s importance as both an industrial metal and an investment asset. The festive season turned silver into the true star of global markets.
Also Read – Gold Price Today: MCX Gold, Silver Hit Fresh Record Highs as Fed Cut Bets Lift Safe-Haven Demand
