Gold Has Never Been More Valuable

25 сент.

You often hear about equity markets at all-time highs, and some of the excitement in crypto, but today I just have to showcase the recent move in gold.

Gold is at an all-time high today and remains the most valuable asset in the world by market cap. Here are some stats and facts:

Gold's Market Cap: Valued at over $12 trillion, gold is the most valuable asset in the world by market cap.

Central Bank Holdings: Central banks worldwide hold nearly 35,000 metric tons of gold in their reserves, including the U.S., China, and Russia.

Gold as a Safe Haven: During the 2008 financial crisis, gold outperformed most major asset classes, reaffirming its role as a safe haven.

I have more stats and facts to share, but just wanted to share this one to showcase the recent move higher.