Is gold allocation worth it? The key still depends on your investment goals.

Recently, I studied the reserve asset structure of Tether, which has a scale of 180 billion. The allocation logic is quite interesting:

- 80% allocated to highly liquid assets similar to U.S. Treasuries
- 7% is gold
- 5% is Bitcoin

There's an interesting detail behind this ratio. Logically, Tether should have initially allocated gold and Bitcoin on a 1:1 basis, but after years of market fluctuations—gold has seen significant gains while Bitcoin has experienced several corrections—it gradually evolved into the current structure of approximately 1.2:1.

So ultimately, the question is: what is your real purpose for allocating gold? Is it to hedge risks or pursue returns? Is it for short-term trading or long-term asset allocation? Different goals will directly determine your allocation weight. The answer varies from person to person, and there is no absolute standard answer.