Silver surges past $81 as geopolitical rally brings it close to Nvidia’s market cap
Crypto Briefing
Silver jumped above $81, fueled by safe-haven demand after the US captured Nicolás Maduro, nearing Nvidia's market capitalization.Summary
Silver extended its rally, climbing over 6% on Tuesday to surpass $81 and achieving a 14% gain year-to-date, driven by safe-haven flows following the United States' capture of Venezuelan President Nicolás Maduro on January 3rd. This geopolitical tension has spurred demand for hard assets. The metal's market cap has reached approximately $4.5 trillion, placing it just shy of Nvidia's $4.6 trillion valuation, according to Companies Market Cap data. Investors are increasingly favoring hard assets for protection and wealth preservation, suggesting silver could soon become the second-largest global asset behind gold.
(Source：Crypto Briefing)