Gold Reaches New Record High: Market Value Tops $30 Trillion

For the first time in history, gold has reached a staggering market capitalization of $30 trillion, setting an unprecedented benchmark for any asset class. This monumental milestone follows weeks of robust growth as concerns about inflation and global economic uncertainty fuel investor confidence. The surge was fueled by both increased institutional investments and growing demand from central banks. Gold prices soared to a new record high of $4,400 per ounce, marking yet another significant step forward for the precious metal.