Gold Market Cap Hits $30T, Outshining Bitcoin and Tech Giants

Gold's market capitalization surged to a historic $30 trillion this week as the precious metal reached an unprecedented price of $4,357 per ounce.

This places gold’s value at 14.5 times that of Bitcoin’s approximately $2.1 trillion market cap.

Gold’s valuation also eclipses the combined market capitalization of the “Magnificent 7” tech giants—Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta, and Tesla—which together total around $20 trillion.

Unlike corporate stocks, gold's market cap is based on the estimated value of all mined gold worldwide.

Gold's Meteoric Rise Amid Economic Uncertainty

Since January 1, gold prices have surged 64%, driven by investors seeking security amid dollar weakening, geopolitical tensions, and trade challenges.

This rally has sent gold prices soaring past historical highs, reflecting a robust shift towards tangible assets.

"Gold added over $300 billion in value today," noted analyst Sykodelic, highlighting gold adding more market cap in one week than Bitcoin's entire valuation.

As solid demand for gold persists, many investors anticipate capital shifting toward Bitcoin once gold stabilizes.

Digital Gold’s Potential Catch-Up

Bitcoin, often dubbed “digital gold,” has climbed 16% year-to-date but still trails far behind gold’s market cap. Analysts note Bitcoin’s potential to accelerate once gold’s rally cools down.

Venture investor Joe Consorti observed that if Bitcoin reduces its correlation with U.S. equities amid rising geopolitical risks, it could become the next major store of value.

The global money supply growth contrasts with Bitcoin's quieter price movements, suggesting a substantial "catch-up rally" could occur as liquidity seeks higher risk assets.

Bitcoin’s growing correlation with gold signals shifting investor behavior toward both as safe havens amid inflation and instability.

With gold’s market value reaching unprecedented territory, market watchers are closely monitoring whether Bitcoin will follow suit and capture a larger share of capital seeking refuge from global economic uncertainties.