The global market value of gold has exceeded 27 trillion US dollars, becoming the second largest reserve asset
Ba Shusong, Managing Director of Hong Kong Stock Exchange, stated at the 2025 Hong Kong Stock Exchange China Opportunities Forum that the total global market value of gold has exceeded $27 trillion, making it the second largest reserve asset in the world. He pointed out that the rapid growth of global debt is unsustainable, traditional safe assets are facing redefinition, and the rise in the prices of gold and bitcoin reflects concerns about the declining purchasing power of fiat currencies.
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