Gold's total market value surpasses $28 trillion, ranking first by a wide margin on the global leaderboard
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Gold's total market value surpasses $28 trillion, ranking first by a wide margin on the global leaderboard
According to Jinshi Data, CompaniesMarketCap data shows that as gold prices continue to hit record highs, the total market value of gold has surpassed $28 trillion, ranking first by a wide margin on the global assets market value leaderboard. Despite strong recent performances from tech stocks, silver, and Bitcoin, they still cannot match the upward momentum of gold. In terms of specific figures, even combining Nvidia ($4.585 trillion), Microsoft ($3.821 trillion), Apple ($3.675 trillion), Google ($2.952 trillion), silver ($2.911 trillion), Amazon ($2.347 trillion), and Bitcoin
Navigating Web3 tides with focused insightsTechFlow news, October 14 — According to Jinshi Data, CompaniesMarketCap data shows that as gold prices continue to hit record highs, the total market capitalization of gold has surpassed $28 trillion, ranking first by a significant margin on the global asset market value leaderboard. Despite strong recent performances from tech stocks, silver, and Bitcoin, they still fall short of matching gold's upward momentum.
Looking at specific figures, even when combining the market caps of NVIDIA ($4.585 trillion), Microsoft ($3.821 trillion), Apple ($3.675 trillion), Google ($2.952 trillion), silver ($2.911 trillion), Amazon ($2.347 trillion), Bitcoin ($2.263 trillion), Meta ($1.797 trillion), Broadcom ($1.684 trillion), and Saudi Aramco ($1.616 trillion), their total remains below that of gold's overall market cap ($28.011 trillion).
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