Silver rises above $76 to hit a new all-time high! Market cap approaches $4.3 trillion, surpassing Apple. Analysts: There is still room for growth next year.

Silver keeps rising! On December 27, spot silver prices surged past $76 per ounce, hitting a new all-time high again, with an increase of up to 160% this year.
(Background: Is the US dollar’s status wavering? Analyst: Gold and silver will continue to rise in 2026, and Bitcoin is expected to see a rebound.)
(Additional context: Silver breaks $70 to hit a new all-time high! Market cap approaches $4 trillion, will it surpass Apple and NVIDIA next?)

The international precious metals market remains hot at year-end, with spot silver prices continuing to climb and setting new records for several consecutive days, becoming the biggest highlight of the 2025 commodity market. On December 27, spot silver prices broke through $76 per ounce again, reaching a new all-time high, with a year-to-date increase of 160%; the main and forward contracts on NY COMEX also performed strongly, soaring 7% intraday and again hitting record highs.

Silver Rises to Become the Third Largest Asset Globally

As silver prices repeatedly hit new highs, its total global market value has surpassed $4.2 trillion, approaching $4.3 trillion, overtaking tech giants like Apple (market cap around $4.076 trillion), and rising to become the third largest asset worldwide, behind gold (about $31 trillion) and NVIDIA (about $4.6 trillion).

Image source: 8marketcap

Analyst: Gold and Silver Still Have Room to Rise Next Year

The main reasons for silver’s strong rally this year include several factors: First, the global supply-demand structural imbalance continues to widen, with an estimated silver deficit of over 200 million ounces in 2025, and inventories remaining tight; second, explosive growth in industrial demand, with significant increases in silver use in photovoltaic solar, electric vehicles, AI data centers, and semiconductors; additionally, expectations of Fed rate cuts, geopolitical tensions, a weakening dollar, and silver being added to the US critical minerals list have all attracted substantial investment and safe-haven capital inflows.

Since the beginning of the year, silver has risen from about $30, with a cumulative increase of over 160%. Although gold’s 80% gain is equally impressive, it still lags behind considerably. In response to the ongoing rise of gold and silver, while Bitcoin continues to retreat, research firm GlobalData’s Director of Economic and Business Research, Ramnivas Mundada, pointed out that this is not merely a safe-haven rally but a deeper structural shift. He believes that the international monetary system is gradually transitioning from a unipolar structure centered on the US dollar to a more multipolar pattern. According to his forecast, by 2026, gold prices could still rise by 8% to 15%, while silver could see gains of 20% to 35%.

It is also worth noting that Robert Kiyosaki, author of “Rich Dad Poor Dad,” previously made a bold prediction in November that silver would rise to $100 or even higher by 2026. He believes that under the influence of currency devaluation and industrial demand, silver still has enormous potential.