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.