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Silver surges past Microsoft — the metal just became the world’s 5th largest asset
Silver surges past Microsoft: Silver’s explosive rally has pushed the precious metal to a new milestone: it is now the fifth-largest asset in the world, overtaking Microsoft in total market value. Silver futures reached a peak near $65 recently, with spot prices breaking $60 for the first time amid intense volatility. This marks the strongest rally since 1979, outpacing gold's gains and driven by supply shortages in key markets like London. Year-highs now stand at about $65, compared to lows around $28 earlier in the year. Analysts say silver has now gained about 140%–150% so far this year, sharply outperforming ... (full story)
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