由于人工智能需求和供应短缺, 银价值在2025年底升至4.2万亿美元, 接近NVIDIA的市值. Silver’s value surged past $4.2 trillion in late 2025, nearing NVIDIA’s market cap, driven by AI demand and supply shortages.

银的市场资本化到2025年12月底达到4.22万亿美元,超过了苹果和字母,接近了NVIDIA的4.59万亿美元,成为世界第二大贵重资产,仅次于黄金。 Silver's market capitalization reached $4.22 trillion by late December 2025, surpassing Apple and Alphabet and nearing NVIDIA’s $4.59 trillion, making it the world’s second-most valuable asset behind gold. 在工业需求猛增的驱动下 — — 特别是由AI数据中心使用银进行热管理 — — 加上物质供应紧张和资金短缺,Comex的银价创历史新高,每盎司75美元以上,印度的MCX交易所每公斤233,115卢比。 Driven by surging industrial demand—especially from AI data centers using silver for thermal management—alongside tight physical supply and a financial short squeeze, silver prices hit record highs above $75 per ounce on Comex and Rs 233,115 per kilogram on India’s MCX exchange. 这次集会受到强烈的投资兴趣和供应限制的推动,其速度超过了黄金和主要技术库存,分析家注意到向能源过渡金属的结构性转变和全球市场扭曲日益加剧。 The rally, fueled by strong investment interest and supply constraints, outpaced gold and major tech stocks, with analysts noting a structural shift toward energy-transition metals and growing global market distortions.