A GOLD THAT SHINES BRIGHTLY.
As financial markets are experiencing increased volatility, good old physical gold continues to be valued. The price of pure gold per ounce has reached an ATH (all-time high) of $3,057 today. In contrast, BTC has not yet resumed its upward trajectory.
The price of gold per ounce hit a new record on Thursday, March 20, 2025, reaching $3,057. The metal is continuing an upward trend that has seen its market grow by +15.5% since the beginning of 2025.
This performance contrasts with that of BTC, which has fallen by -23% since its own last all-time high of $109,000, established on the day of Donald Trump's inauguration as President of the United States.
While gold continues to play its role as a safe haven, the king of cryptos seems to currently follow the bearish trend of technology stocks. Indeed, geopolitical tensions have contributed to uncertainty in the markets. Key indices of U.S. stocks, such as the Nasdaq 100 and the S&P 500, have recorded significant declines, which also affect the crypto market.
During the American banking crisis of 2023, BTC showed a correlation with gold, behaving as a solid store of value. However, this correlation seems to have weakened.
According to a recent comment by Eric Balchunas, Bitcoin is still "too young to stabilize" and will require time to mature before it can compete with gold as a safe haven.
Although American President Donald Trump has introduced favorable policies to stimulate the crypto-asset sector, they will take time to produce their effect. And while digital gold proves itself further, investors are turning to good old golden metal.