Silver rate today, Dec. 29 -- Extending the rally for the fifth straight session, silver rates today touched a new peak of $84 per ounce. While climbing to this peak, the precious white metal went on to trump US tech giant NVIDIA as the second most valuable asset in the world. At $84 per ounce levels, silver became the second most valuable asset, with a net value of $4.65 trillion, as reported by the renowned Kobessi Letter from its 'X' handle. NVIDIA's stock price ended at $190.53 per share on Friday, with a market capitalisation of $4.63 trillion.

However, the precious white metal soon came under the profit-booking trigger and dropped around 5% from the record high within a few minutes. As reported by Reuters, Silver rates today retrea...