Bitcoin vs Gold
Bitcoin and gold are both described as "hard money" and inflation hedges, but they behave very differently. Gold is a 5,000-year-old store of value with low volatility; Bitcoin is a 15-year-old digital asset with far larger swings. This page compares their real historical performance and risk, and shows the Bitcoin-to-gold ratio over time.
Pick two investments, choose a time range, and we will show how each performed with real data.
Short ranges are hidden because one asset (gold) has monthly history only.
Price return counts only the change in market price. Dividends are ignored.
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We could not find enough real, overlapping price data for Bitcoin and Gold over this range. Try a different range, or a different pair. We do not fill gaps with estimated data.
For education only. Money Masters does not give investment advice or recommendations, and nothing here is a suggestion to buy or sell any asset. Figures use real historical prices; total return uses real dividend data where it is available and is otherwise shown as price return. Fees and taxes are not included. Past performance does not guarantee future results.
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Frequently asked questions
Has Bitcoin outperformed gold?
Over most multi-year windows since 2013, Bitcoin has delivered much higher returns than gold, but with far greater volatility and deeper drawdowns. Use the time-range buttons above to see the exact figures for each period. Past performance does not guarantee future results.
How many ounces of gold does one Bitcoin buy?
The asset-to-asset section above shows the current Bitcoin-to-gold ratio (one bitcoin priced in ounces of gold) and how it has moved over time, based on the latest available gold fix and Bitcoin price.
Is Bitcoin or gold less risky?
Historically gold has shown much lower volatility and smaller drawdowns than Bitcoin. Lower volatility does not mean an asset cannot lose value. This is educational information, not a recommendation.