The global total market value of gold has surpassed $27 trillion, making it the second largest reserve asset.
According to ChainCatcher, citing Golden Ten Data, Ba Shusong, Managing Director of the Hong Kong Stock Exchange, stated at the 2025 Hong Kong Stock Exchange China Opportunity Forum that the total global market value of gold has surpassed $27 trillions, making it the world's second largest reserve asset. He pointed out that the rapid growth of global debt is unsustainable, and traditional safe assets are being redefined. The rise in gold and bitcoin prices reflects concerns over the declining purchasing power of fiat currencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Governor of the Central Bank of Russia: Bitcoin mining industry has pushed up the ruble exchange rate
Arthur Hayes address received over 130,000 PENDLE
A smart money address has taken a 3x long position on ETH, with holdings valued at approximately $89 million.
A certain smart money address has tripled down on ETH, with a position worth approximately $89 million.
