Silver Surpasses Nvidia, Becomes Second-Largest Asset by Market Value
Silver’s market capitalization rose to $4.63 trillion, overtaking Nvidia and placing it second globally, trailing only gold at $31.34 trillion.
Summary
Silver’s market cap reached $4.63 trillion, surpassing Nvidia, and now ranks second among global assets, behind gold at $31.34 trillion.
Terms & Concepts
- Market Capitalization: The total market value of a company's shares or an asset, calculated as price multiplied by total units or shares outstanding.
- Precious Metal: A rare, naturally occurring metallic element with high economic value, such as gold, silver, or platinum.