The market capitalization of silver reached $4.05 trillion, surpassing the value of Apple for the first time. According to the Companiesmarketcap web portal, silver now ranks third in the global capitalization rankings. Gold retains the top spot with an estimate of $31.393 trillion, followed by Nvidia ($4.606 trillion), while Apple and Alphabet ($3.810 trillion) have fallen to fourth and fifth places, respectively.

The market capitalization of silver is calculated by multiplying the current price by the total volume of mined metal—approximately 1.751 million metric tons. The portal notes that a significant portion of historically mined silver has been lost or destroyed due to industrial usage; thus, the calculations are approximate. Silver futures for delivery in March 2026 on the Comex exchange rose by 1.26%, reaching $72.03 per troy ounce.

The explosive growth of silver reflects global demand for precious metals as safe-haven assets. Since the beginning of 2025, the price of silver has soared by 148.38%, making it one of the most profitable assets of the year. This rally is driven by economic uncertainty, expectations of lower interest rates, and the increasing appeal of precious metals for portfolio diversification.