Gold allocation 10.9% (among financial assets): This is an extremely astonishing figure.

Before 2024, this ratio remained around 1% for a long time.
And now, the market value of gold ($32.9 trillion) has reached one-quarter of the global stock market capitalization. This indicates a severe distrust among global investors towards fiat currencies (paper money, stocks, bonds), with funds rapidly flowing back into hard assets.

Compared to the peak in 1980:
In 1980 (Gold price $850): Gold accounted for about 20% of global financial assets.
In 2026 (Gold price $4,700): Gold's share is about 11%.

Although gold has risen to $4,700, compared to the "extreme frenzy" of 1980, gold has not yet achieved the dominant position of that year. To return to the 20% share in 1980, the gold price would theoretically need to rise to around $9,000 - $10,000.

FOMO moments are truly FOMO.