How did a shiny metal just beat one of the world’s biggest tech companies? Silver has officially surpassed Google’s parent company Alphabet in global market rankings, claiming the fourth spot among the world’s largest assets by market value.
Silver’s market capitalization now stands at $3.701 trillion, edging past Alphabet’s $3.666 trillion valuation. This remarkable achievement places the precious metal behind only gold, NVIDIA, and Apple in the global rankings. Think of it like a race where silver just sprinted past one of tech’s biggest players.
Silver just outpaced tech giant Alphabet, claiming fourth place globally with a $3.701 trillion market cap in this economic race.
The surge happened after silver prices jumped more than 4% on Wednesday. This wasn’t just luck or random market movement. Several powerful forces are driving silver’s impressive climb.
Investment demand has grown considerably, while the metal earned a spot on the US key minerals list, boosting its strategic importance.
Modern technology is creating unprecedented demand for silver. AI data centers need silver for their equipment, and the booming electric vehicle industry relies heavily on the metal for batteries and components. These aren’t temporary trends but fundamental shifts in how our world operates.
Supply problems are making the situation even more interesting. Silver inventories are tightening, and ongoing supply gaps mean there simply isn’t enough metal to meet growing demand. Earlier US tariffs triggered a silver rush that reduced available supplies in London markets.
Market expert Rhona O’Connell points out that investment activity is the main driver behind silver’s price surge. However, she notes that strong fundamental support exists beyond just speculation. The combination of real industrial demand and investor enthusiasm creates a powerful cocktail for price growth. AI trading systems are increasingly using pattern recognition to identify these explosive price movements before they occur. Silver has demonstrated year-to-date growth exceeding 125%, showcasing remarkable performance compared to other major assets. Today alone, silver posted 1.05% gains while maintaining its position above the tech giant.
Looking ahead, analysts expect silver prices could double from their year-start levels by the end of 2025. The gold-silver ratio has dropped to 65, marking the lowest point since 2014. This suggests silver is gaining strength relative to its precious metal cousin.
Silver’s victory over Google represents more than just numbers. It highlights how traditional assets can still surprise markets dominated by technology giants, proving that sometimes the oldest investments shine brightest.
