Gold Price Hits New All-Time High At $4400, Market Cap Tops $30 Trillion

Key Insights:

  • Gold became the first investment asset in history to reach a market capitalization of $30 trillion.
  • Tether Gold recorded strong growth in recent months, recently crossing the $1.5 billion mark in market capitalization.
  • XAUt traded at $4,339, marking an 8.7% increase over the past week and an 18.4% jump over the past two weeks.

Gold made history this week after its total market value climbed to an unprecedented $30 trillion, the highest ever recorded for any asset.

According to experts, the surge resulted from investor confidence, fueled by persistent inflation fears, global economic uncertainty, and rising demand from central banks.

Gold prices climbed to a new record high of $4,400 per ounce, marking another milestone in the precious metal’s remarkable rise.

At the same time, Gold Tether, a stablecoin backed by physical gold, reached a market capitalization of $1.5 billion.

Gold Price Hits New All-Time High, Becomes First Asset To Reach $30 Trillion

Gold became the first investment asset in history to reach a market capitalization of $30 trillion.

This happened just after several top analysts revealed that the gold market was approaching euphoria. A top analyst Max Crypto noted that the capital would eventually rotate into Bitcoin once Gold secures the cycle top.

Over the past few years, the precious metal has delivered one of the most impressive rallies in modern financial history.

From the depths of disbelief in 2021 and 2022, investors slowly began to re-enter the market as early signs of recovery appeared. By mid-2023, hope had returned. Then, optimism took over, as traders started to believe that this rally was not just another false start but something far more substantial.

As prices surged through 2024, the tone shifted and sentiment evolved from belief to thrill, a stage where investors began leveraging heavily, confident that the trend would never break.

Soon after, the market entered full-blown euphoria, the psychological peak of every great bull market.

At this stage, conviction replaces caution, and narratives of limitless growth dominate.

Source : Max Crypto
Source : Max Crypto

However, market psychology teaches us that euphoria rarely sustains itself. When everyone is all-in, there’s no one left to buy.

Historically, this is where the blow-off top forms,  a sharp, final burst of upside followed by a steep reversal. Already, the first hints of complacency can be seen forming in the pattern, suggesting that some traders believe the market will “just need to cool off” before the next leg higher.

Once euphoria fades, prices tend to fall faster than they rose. Anxiety and denial follow as investors realize that the top may already be behind them.

As liquidation accelerates, fear turns into capitulation. This is the stage where even the most loyal holders give up, declaring they can’t afford to lose more.

Right now, according to Max Crypto, gold’s chart mirrors this classic emotional cycle almost perfectly. The current setup suggests that the market has likely peaked or is extremely close to doing so. The historical patterns, sentiment indicators, and technical momentum all point to exhaustion at the top.

Tether Gold Surpassed $1.5 Billion in Market Cap

Tether Gold recorded strong growth in recent months, recently crossing the $1.5 billion mark in market capitalization, according to data shared by Katusa Research.

The surge became especially pronounced in August 2025, reflected rising investor interest in stablecoins that are backed by precious metals.

Data from CoinGecko showed that XAUt traded at $4,339, marking an 8.7% increase over the past week and an 18.4% jump over the past two weeks.

Following the report, Paolo Ardoino, Tether’s CEO, reposted Katusa Research’s findings with a lighthearted remark: “Tether Yellow Rocks.”

Before the sharp rally in August, Tether Gold’s market capitalization had hovered between $600 million and $900 million.

Source: https://www.thecoinrepublic.com/2025/10/17/gold-price-hits-new-all-time-high-at-4400-market-cap-tops-30-trillion/