Intellisense Finance APP learned that, despite the soaring of US tech giants' stocks has been in the limelight, according to research by Deutsche Bank, in the first half of 2024, silver had the strongest return among global assets. Jim Reid, Head of Macro Research and Global Thematic Strategy at Deutsche Bank, said in a report on Monday that silver rose 22.5% in the first half of this year, outperforming the total return rates of Nasdaq 18.6% and S&P 500 Index 15.3%.

On Monday, the trading price of silver was above $29 per ounce. Seeking Alpha analyst Anna Sokolidou recently said that, despite the risk of higher interest rates, silver prices are expected to continue to rise as the industrial metal is supported by its applications in AI and green energy technologies.

Reid said that Nasdaq and S&P 500 Index performed "very well" in the first half of the year, thanks to the 149.5% return of Nvidia's stock and a 37% rise in "Big Seven". Meanwhile, spot gold and copper had similar return rates of nearly 13% in US dollar terms. At the same time, the Russell 2000 small-cap stock index had a return rate of only 1.7% in the first half of the year and even fell by 3.3% in the second quarter.

The worst performing asset in the first half of the year was French government bonds, which fell 6.8% in US dollar terms. Reid said French assets fell in the second quarter after French President Macron announced early parliamentary elections.

The worst performing asset in the first half of the year was French government bonds, which fell 6.8% when measured in US dollars. Reid said that French assets fell in the second quarter after French President Macron announced early parliamentary elections.