Silver Skyrockets Past Apple, Becomes World's 3rd Most Valuable Asset

• Silver futures hit $71/ounce, marking a 150% surge this year.
• It has surpassed Apple's market cap ($4.02 trillion) with $4.04 trillion, becoming the world's third most valuable asset.
• Only Gold and chip company Nvidia now rank higher than silver in market valuation.
• Rate cut expectations from the US Federal Reserve, strong industrial demand, and ETF investments are fueling silver's rally.
• Despite an RSI of 80 indicating an overbought zone, experts note continued investor attraction and buying above the $70 level.

Why It Matters: Silver's meteoric rise, driven by market sentiment and industrial demand, positions it as a top global asset.