TLDR
- Gold reached $31.1 trillion market cap to reclaim the top spot among all global assets
- Silver briefly surpassed Nvidia’s $4.55 trillion market cap after surging to $82.70 per ounce
- Silver rose 176% in 2025 versus gold’s 70.3% gain, driven by safe-haven demand and industrial applications
- Fifth consecutive year of supply deficit with 1.2 billion ounces demand against 1 billion ounces supply
- Bitcoin analysts compare silver’s cup-and-handle pattern to Bitcoin’s current chart formation
Gold reclaimed its position as the world’s largest asset by market capitalization at $31.1 trillion as 2026 started. Silver made history by briefly overtaking Nvidia to become the second-largest asset globally.
Silver hit $82.70 per ounce in early Asian trading before settling at $80.80. The precious metal now competes with Nvidia for second place in global asset rankings. Bitcoin currently holds eighth position by market cap.
Silver Mar 26 (SI=F)Silver outperformed gold throughout 2025 with a 176% gain compared to gold’s 70.3% increase. In 2026, silver is up nearly 12% while gold gained 3.2%. Economist Peter Schiff called it “likely silver’s best start to a year ever.”
Why Silver Prices Keep Rising
Silver serves dual purposes that support its price growth. Investors buy silver as a safe-haven asset during economic uncertainty. The metal also powers manufacturing for electronics, solar panels, AI hardware, and electric vehicles.
Industrial demand represents about half of global silver consumption. The Silver Institute reported the market’s fifth straight annual deficit in 2025. Annual demand reaches 1.2 billion ounces while production and recycling only supply 1 billion ounces.
This 200 million ounce shortfall continues pushing prices higher. Analyst Sunil Reddy stated “$100 silver is now firmly on the table for January.” Wall Street Mav noted the supply-demand imbalance as the primary price driver.
Higher prices could eventually reduce industrial use through demand destruction. Some estimates suggest solar panel manufacturers would lose money if silver reaches $135 per ounce.
Bitcoin Rally Comparison
Cryptocurrency analysts are drawing parallels between silver’s rally and Bitcoin’s potential. Merlijn The Trader observed that silver completed a multi-year cup-and-handle chart pattern before its surge.
Bitcoin appears to be forming the same pattern on weekly charts. The analyst suggested Bitcoin could experience a sharp breakout when this structure completes. Crypto Rover noted gold and silver surged after breaking monthly accumulation zones. Bitcoin has not confirmed a similar breakout but could trigger a catch-up rally.
Market observers are watching for capital rotation from precious metals into Bitcoin, though timing remains uncertain.
The post Silver Overtakes Nvidia by Market Cap as Bitcoin Analysts Predict Similar Rally appeared first on Blockonomi.
Source: https://blockonomi.com/silver-overtakes-nvidia-by-market-cap-as-bitcoin-analysts-predict-similar-rally/
