Gold is considered a highly liquid asset that outperforms all other investment possibilities. This was also seen by the largest financial magazine Forbes, which stated that gold might be traded and exchanged in various countries just like any other cash.
Because of the vast number of investors that regularly buy and sell commodities worldwide, gold and silver can be quickly traded for cash, making them particularly liquid assets. You can also see that the official sector of the gold market has a significant amount of gold that is stable and is not traded on the open market. However, due to central banks’ involvement, gold is provided in the market, creating a significant demand for it.