Silver’s price has now reached a new high—surpassing $71 on Tuesday and continuing a strong upward trend. Since the start of the year, this metal has risen by about 138%, outpacing gold’s 70% gain and keeping pace with platinum.

Silver’s market value is now nearing $4 trillion, meaning it has become the world’s fourth-largest asset. Analysts say this impressive performance is driven by a weak U.S. dollar, expectations for interest rate cuts, and increased demand for risk reduction. At the same time, gold also set a new record above $4,500 per ounce, and Goldman Sachs says it could reach $4,900 by the end of 2026.