Gold is largely irrelevant to the global economy. The total value of the world's gold is less than $5 trillion. The US GDP is three times that. Total value of the world's assets is $160 trillion, making gold worth about 3%.
Gold is largely irrelevant to the global economy. The total value of the world's gold is less than $5 trillion. The US GDP is three times that. Total value of the world's assets is $160 trillion, making gold worth about 3%.