According to Forklog, silver prices reached a new all-time high above $72 per ounce in December 2025, with the metal surging over 136% year-to-date. The rally has driven silver's market capitalization close to $4 trillion, surpassing Google's valuation. Analysts attribute the surge to a combination of geopolitical tensions, monetary policy shifts, and rising industrial demand, particularly in solar energy, electronics, and electric vehicles. The Silver Institute estimates a 2025 global silver supply deficit of around 180 million ounces, with physical shortages intensifying on major exchanges like COMEX. Experts draw parallels between the silver rally and the crypto market, noting similarities in scarcity dynamics and investor sentiment.
Silver Surpasses $72/Ounce in 2025, Market Cap Nears $4 Trillion
ForklogShare
Summary
Silver hit $72 per ounce in December 2025, with the market rally pushing it over 136% higher year-to-date. The metal’s market cap now nears $4 trillion, outpacing Google’s valuation. Analysts point to geopolitical tensions, monetary shifts, and industrial demand—especially in solar, electronics, and EVs—as key drivers. A 180 million-ounce supply deficit is reported, with shortages worsening on COMEX. Some experts compare the rally to altcoins to watch, citing scarcity and investor behavior.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.