Concept: October 6 ,2022. Size of the World Gold Market

The approximate value in US$ of the world gold market capitalization is 11.846 trillion US$.

This calculation has been made estimating the total amount of gold above ground, which is about 201,296.1 metric tonnes. The current price of gold is 1668.30 US$/ounce and there are 35274 ounces in a metric tonne.

Here is a chart that shows the gold market capitalization each year since 2010

Source of the chart

For further information, read this article

This post is intended to only raise awareness. In order to make actual financial decisions please contact your financial advisor and/or tax advisor prior to making the decision.