Gold Volatility Reaches Post-Crisis High
Recent data shows gold's 30-day volatility has exceeded 44%, marking the highest level since the 2008 global financial crisis. This figure even surpasses Bitcoin's volatility, which is around 39%, a rare occurrence in financial markets.
Gold has long been regarded as a safe-haven asset, typically attracting investors during times of uncertainty. However, recent macroeconomic shifts and rising geopolitical tensions have led to sharp price swings in the precious metal.
Rare Volatility Inversion with Bitcoin
Instances where gold's volatility surpasses Bitcoin's are extremely rare. Gold, as a traditional store of value, is generally considered more stable than cryptocurrencies. Yet this inversion reflects the current market's heightened unpredictability.
- Gold volatility: Over 44%
- Bitcoin volatility: Around 39%
- Last time gold out-volatilized Bitcoin: May 2023
This phenomenon has only occurred twice in the past 17 years since Bitcoin's inception. The last time was in May last year when former U.S. President Trump's tariff threats escalated global trade tensions.