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Silver overtakes Apple as world's third-most valuable asset

Silver overtakes Apple as world's third-most valuable asset

Silver overtakes Apple as world's third-most valuable asset

Silver has surpassed Apple to become the world's third-most valuable asset, after gold and NVIDIA.

As per Tuesday's closing prices, silver's market capitalisation stood at $4.04 trillion, slightly higher than Apple's $4.02 trillion valuation.

The precious metal has crossed the $70-an-ounce mark amid expectations of a US rate cut, strong industrial demand and heavy ETF inflows.

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