Gold rises above $4,300, becoming first asset with $30 trillion market cap

Gold has risen above $4,300 per ounce for the first time in history, marking a significant milestone as it officially becomes the first asset to reach a market capitalization of $30 trillion. This development was reported on Thursday, October 16, 2025.

In related coverage, recent developments indicate that gold spot and futures prices have hit all-time highs of $4,320.5 per ounce and $4,335 per ounce, respectively. These figures reflect a growing trend in the precious metals market and underscore gold"s increasing value as an asset.

This historic rise in gold prices comes amid various economic factors influencing global markets. As previously reported, fluctuations in commodity prices can have widespread implications for investors and economies worldwide.

Gold"s ascent to this unprecedented valuation highlights its enduring status as a safe-haven asset during times of economic uncertainty.