The market cap of Gold is $28.82T.
Gold (GC=F) · Commodity
$28.82T
Market cap of Gold is the market value of all outstanding shares. It equals last price times shares outstanding (or circulating supply).
Figures come from SIWAI market data and may lag a live quote. Not investment advice.
The market cap of Gold (GC=F) is $28.82 trillion on the latest SIWAI figure. In billions, that is 28,820 billion US dollars.
Market cap measures size, not value for money. A company with a bigger market cap is not automatically more expensive or a better investment.
For a commodity like Gold, market cap is an estimate: the total quantity thought to exist above ground multiplied by the current price. Dividing the $28.82T figure by the $4,143.00 price gives about 6.96 billion units (ounces for gold), the quantity this estimate assumes.
Educational content, not investment advice. Trading leveraged products such as CFDs and forex carries a high risk of losing money.
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