Gold’s Record Rally Raises Questions About Bitcoin and Global Economic Stability
Gold has surged to unprecedented levels in 2025, with spot prices breaching $4,300 per ounce for the first time. This rally marks a near-doubling in value since early 2024, outpacing traditional assets like stocks and bonds—and even cryptocurrencies.
The shift toward gold as a preferred SAFE haven reflects deepening investor concerns about fiscal stability and central bank independence. Unlike past crises where the US dollar absorbed flight-to-safety flows, the greenback has suffered its worst six-month decline in half a century.
Historically, Gold thrives during periods of monetary debasement and low real interest rates. The current uptrend mirrors previous spikes during the 2008 financial crisis and 2020 pandemic, but with added intensity from mounting sovereign debt burdens and inflation anxieties.
While the article doesn't explicitly mention Bitcoin, gold's ascendancy presents a macroeconomic backdrop that could influence digital asset markets. Cryptocurrencies traditionally correlate with risk assets, though some investors view Bitcoin as 'digital gold' during currency crises.