Gold Market Cap Surpasses $30 Trillion as Prices Hit Record $4,357/Ounce Amid Economic Uncertainty

Gold has reached a historic milestone by becoming the first asset in the world to exceed a $30 trillion market capitalization, with its price soaring to a record high of over $4,357 per ounce. This unprecedented surge is widely attributed to increasing investor interest driven by persistent global economic uncertainty, rising inflationary pressures, and ongoing geopolitical tensions.

The achievement underscores gold’s enduring appeal as a safe-haven asset and a reliable store of value, especially during times of market volatility. In recent months, it has consistently outperformed major equities and digital assets, reflecting a shift in investor sentiment. Market experts point to sustained central bank acquisitions and the downward trend in bond yields as key factors reinforcing gold’s growing strength, solidifying its position as a cornerstone in the global financial system.