Gold market cap vs Bitcoin market cap
What the comparison uses
| Input | Value | How it is used |
|---|---|---|
| Gold spot price | $0.00 | Multiplied by estimated above-ground gold ounces. |
| Above-ground gold stock | 219,891 tonnes | Converted to troy ounces for the gold market-cap estimate. |
| Bitcoin price | $0 | Shown for context; market cap comes from cached CoinGecko data. |
Gold market cap formula
Estimated gold market cap = live gold spot price per troy ounce x 219,891 metric tonnes x 32,150.746568627 troy ounces per metric tonne.
Bitcoin market cap is pulled from cached CoinGecko market data when available. If that upstream source is unavailable, this page does not invent a Bitcoin market cap.
Why gold market cap is only an estimate
Bitcoin market cap is a circulating-supply calculation. Gold is different: above-ground stock estimates vary, some gold is jewelry or central-bank reserve metal, and not every ounce is liquid at the spot price. Treat the gold number as a scale estimate, not an exact float.
Common questions
How is gold market cap calculated?
Estimated gold market cap is calculated by multiplying live gold spot price by estimated above-ground gold stock. This page uses 219,891 metric tonnes as the above-ground stock estimate.
How is Bitcoin market cap calculated?
Bitcoin market cap is usually calculated as Bitcoin price multiplied by circulating BTC supply. This page uses cached CoinGecko market-cap data when available.
Is gold market cap exact?
No. Gold market cap is an estimate because above-ground gold stock estimates vary and not all gold is equally liquid or available for sale.