"Gold Takes the Crown: World's Most Valuable Asset at $24 Trillion"

In a recent analysis, Taher Mursi, a prominent gold market expert and analyst, stated that gold has climbed to the top of the world's asset list in terms of market capitalization. The precious metal's market value has now surged to approximately $24 trillion, a staggering figure that highlights its unique and preeminent position in the global financial landscape.

According to Mursi, gold's market value is nearly equivalent to the combined market capitalization of the next ten largest financial assets and companies. This striking comparison underscores gold's true scale and its unparalleled status. Mursi emphasizes that gold's strength lies in its nature as a physical asset with inherent value, unlike stocks or other financial assets, which he describes as "nominal numbers."

To illustrate his point, he uses the example of Nvidia, a company with a market capitalization exceeding $4 trillion. Mursi explains that this value cannot be cashed out, as any large-scale sell-off would instantly cause the price to crash. He recalls a similar event where Nvidia's stock lost over 20% of its value in a single trading session after President Trump's victory, wiping trillions of dollars off the screens in minutes, only to recover the next day.

The expert asserts that gold is fundamentally different. As a tangible asset and a store of real value, it is not subject to the sharp, daily drops that can devastate stock values. "Gold has never dropped 20% in a single day, or even 5% for that matter," Mursi notes, highlighting its stability and reliability as a safe-haven asset.

Furthermore, Mursi argues that the stated market value of $24 trillion is an understatement of its true worth. He explains that official calculations are based on international exchange spot prices, which are often lower than over-the-counter prices, particularly in the United States, sometimes by more than $200 per ounce. This suggests that gold's true market value could be at least 5% higher than the reported figure.

He also points out that official estimates only account for globally registered and documented gold, excluding vast undocumented reserves and privately held gold. This implies that gold's actual value is multiple times higher than the official announced figure, solidifying its standing not just as a financial asset, but as a genuine and enduring source of wealth.