Stock to Flow
Shows the projected Bitcoin price based on the stock to flow model.
BTC vs Gold Chart Price and Ratio
Data & charts updated every hour
Updated
55 minutes ago
TradingView
1 Bitcoin =
15.44 oz
Ounces of gold per bitcoin
BTC Market Cap vs Gold
4.5%
$1.30T of gold's $29.1T
1-Year Correlation
+0.28
Rolling daily-return correlation
Gold Price (per oz)
$4,183
Bitcoin: $64,586
Ratio vs All-Time High
-61.5%
ATH 40.1 oz on Dec 2024
Rolling correlation of daily returns between Bitcoin and gold. +1 means they move together, 0 means no relationship, −1 means they move in opposite directions.
Toggle windows in the legend. The 30-day line is more reactive; the 1-year line shows the longer-term relationship.
Cumulative Returns
Returns are calculated from the beginning of the selected time period. Use the range buttons to compare performance over different timeframes.
Price return of Bitcoin vs gold over trailing periods. The better performer in each row is highlighted.
| Period | Bitcoin | Gold | Winner |
|---|---|---|---|
| 1 Month | -14.5% | -7.2% | Gold |
| 3 Months | -4.8% | -6.3% | Bitcoin |
| 6 Months | -27.1% | -6.2% | Gold |
| Year to Date | -27.3% | -3.8% | Gold |
| 1 Year | -36.0% | +24.0% | Gold |
| 3 Years | +116.1% | +118.5% | Gold |
| 5 Years | +98.5% | +135.3% | Gold |
| Since 2013 | +488,443.9% | +151.0% | Bitcoin |
Calendar-year price return of Bitcoin vs gold. The better performer in each row is highlighted.
| Year | Bitcoin | Gold | Winner |
|---|---|---|---|
| 2026 | -27.3% | -3.8% | Gold |
| 2025 | -7.3% | +64.8% | Gold |
| 2024 | +111.9% | +27.2% | Bitcoin |
| 2023 | +154.5% | +13.1% | Bitcoin |
| 2022 | -65.4% | -0.3% | Gold |
| 2021 | +57.2% | -3.6% | Bitcoin |
| 2020 | +303.0% | +25.0% | Bitcoin |
| 2019 | +85.1% | +18.4% | Bitcoin |
| 2018 | -72.1% | -1.8% | Gold |
| 2017 | +1,287.5% | +13.1% | Bitcoin |
| 2016 | +122.3% | +8.5% | Bitcoin |
| 2015 | +36.6% | -10.5% | Bitcoin |
| 2014 | -57.4% | -2.3% | Gold |
| 2013 | +5,437.1% | -27.9% | Bitcoin |
Rolling Volatility
90-day rolling volatility of daily returns, annualized. Higher means larger day-to-day price swings. Bitcoin is consistently more volatile than gold.
Gold Priced in Bitcoin
How much Bitcoin it takes to buy one ounce of gold. This is the inverse of the BTC/gold ratio — a falling line means gold is getting cheaper in Bitcoin terms (Bitcoin outperforming).
Current Bitcoin Price in Gold (Ounces)
15.44
Current Bitcoin Price in Gold (Grams)
437.69
Next halving estimate
2028-04-13 11:51:32 UTC
Why did we make this chart?
Gold has traditionally been used as money, and its supply isn't manipulated by central banks. Many believe gold is actually the best way to properly measure bitcoin's value, since the value of fiat money is always changing.
Many feel that comparing the price of Bitcoin to Gold is a better method than comparing it to a fiat currency like US dollars. That is because Gold, like Bitcoin, has a finite supply. Conversely, Dollars are constantly being printed and will likely never stop, so the supply of dollars is always rising tremendously.
Gold is also not manipulated by central banks to achieve monetary objectives (like encouraging spending. Gold is, therefore, an asset much more similar to Bitcoin, both in its properties and use cases.
Gold vs Bitcoin
Despite being the leading form of money over the past few millennium, gold lost its luster in the 1970’s as governments looked to unchain themselves from the financial responsibility that gold imposed. But the fiat money experiment of the past 4 decades is fast coming to an end, and the search for a new currency continues to rage on.
Now with another changing of the guard upon us, can the new digital currency known as Bitcoin take over? To help put things in perspective we compare gold and Bitcoin here to see their similarities, differences, and their possible roles in a post-fiat world. Which, if any, is better suited to displace fiat money?
Disclaimer
Any information found on this page is not to be considered as financial advice. You should do your own research before making any decisions.
