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Gold Price Hits New All-Time High At $4400, Market Cap Tops $30 Trillion

Gold Price Hits New All-Time High At $4400, Market Cap Tops $30 Trillion

Author:

Global Cryptocurrency

Published:

2025-10-17 21:09:02

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BTCCSquare news:

Gold has etched its name in financial history as the first investment asset to achieve a $30 trillion market capitalization. The precious metal's price surged to an unprecedented $4,400 per ounce, driven by inflation fears, global economic uncertainty, and robust central bank demand.

Tether Gold (XAUt), the gold-backed stablecoin, mirrored this momentum with an 8.7% weekly gain to $4,339, while its market capitalization breached $1.5 billion. Analysts note the gold market shows signs of euphoria, with Max Crypto suggesting capital may eventually rotate into Bitcoin once gold peaks.

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