Nvidia(US:NVDA) Feng Huang Wang·2025-12-29 05:48Core Viewpoint - Silver prices have surged significantly, surpassing Apple's market capitalization to become the third-largest asset globally, only behind gold and Nvidia [1][3]. Group 1: Market Performance - On Monday, silver experienced extreme volatility, initially rising over 5% to reach $83 per ounce before dropping below $75, resulting in a daily fluctuation of $9 [1]. - Year-to-date, silver prices have increased nearly 180%, driven by supply constraints, strong industrial demand, geopolitical tensions, and expectations of Federal Reserve rate cuts [3]. Group 2: Market Capitalization - Silver's current market capitalization stands at $4.485 trillion, while gold leads with $31.719 trillion, and Nvidia follows closely at $4.638 trillion [3]. - Silver recently surpassed Google in market capitalization, indicating its rapid ascent in the global asset rankings [4]. Group 3: Analyst Perspectives - Analysts are divided on silver's future price trajectory, with optimistic views suggesting it could exceed $100 next year, while pessimistic views warn of a potential price correction [4]. - UBS has highlighted increased short-term risks in precious metal trading, suggesting that profit-taking by investors could lead to heightened volatility [4]. - Analysts from Capital Economics predict that silver prices may decline to around $42 by the end of next year, citing unsustainable price levels [4].