Gold Price Breaks Records: Global Market Cap Surpasses $30 Trillion — What’s Next?

Why has the price of gold skyrocketed?

In October 2025, gold surpassed $4,300 per ounce, becoming the focus of the global financial markets. The short-term surge has been exceptionally strong, reflecting heightened risk-aversion sentiment among global investors.

The historical significance of a market capitalization exceeding 30 trillion USD

This increase is not only a price breakthrough, but more importantly, the total market capitalization of gold has exceeded 30 trillion dollars for the first time. This figure has profound symbolic significance:

• Signaling gold’s return as the “trust anchor” of the global financial system.
• Reflects the capital flowing back to safe assets.
• Show investors seeking stable returns in turbulent times.

What factors are driving the gold price?

There are four main factors driving the rise in gold.

• Global risk aversion rises: Economic growth slows and geopolitical risks increase, making gold the preferred asset once again.
• Interest rate decline and expectations of rate cuts: The market believes that major central banks will enter a easing cycle, driving up the value of non-interest-bearing assets.
• Weak Dollar and Inflation Pressure: The weakening of the dollar makes gold more attractive, while inflation increases the demand for store of value.
• The active layout of institutions and central banks: Large financial institutions and central banks of various countries are increasing their gold reserves, further enlarging the market trend.

How to invest in gold?

For ordinary investors, this market trend is worth paying attention to but should not be blindly followed. Here are some practical suggestions:

• Entering in phases: Gold prices are fluctuating at a high level, suitable for staged investment.
• Diversification: Gold should be part of the asset portfolio and should not be the sole investment.
• Choose the right product: You can choose physical gold, paper gold, or ETF products based on your personal situation.
• Pay attention to policy trends: Interest rate changes, the dollar’s movement, and geopolitical news can all influence gold prices.
• Set profit and loss points: Avoid emotional trading.

Outlook and Risk Warning

Whether gold prices can continue to rise in the future still depends on macroeconomic policies and market confidence:

• If interest rate cuts are realized and the dollar continues to weaken, gold still has room for upward movement.
• If the policy reverses or the economic recovery exceeds expectations, gold prices may retreat.
• Market sentiment dominates the volatility of the market, and rationality must be maintained.

Overall, gold has once again become the core of global asset allocation in an era of increasing uncertainty, but investors should adhere to the principle of “stability first, rational layout” in order to seek victory amidst fluctuations.