In accordance with BlockTempo, spot silver prices surged past $70 per ounce on December 23, 2025, reaching a new all-time high. The rally is driven by strong industrial demand from solar, EVs, and AI data centers, rising investment demand as a safe-haven asset, and tightening global silver supply. Silver's market cap now approaches $4 trillion, ranking it fourth globally behind gold, NVIDIA, and Apple. If the trend continues, silver could soon surpass Apple in market value.
Silver Surpasses $70 per Ounce, Hits All-Time High as Market Cap Nears $4 Trillion
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Summary
Silver hit $70 per ounce on December 23, 2025, marking a new all-time high amid a strong market rally. Industrial demand from solar, EVs, and AI data centers, along with tight global supply, fueled the rise. The fear and greed index shows growing investor confidence, pushing silver’s market cap close to $4 trillion. It now ranks fourth globally, behind gold, NVIDIA, and Apple. If the rally continues, silver could overtake Apple in market value.
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