Comparing Gold against Bitcoin

Thanks to the latest dynamics in the marketplace, Gold has taken the lead over Bitcoin when measured across a five-year horizon. As illustrated in the chart below from John Authers, this shift is quite clear. The trend of superior returns is unfolding throughout the current year and is even visible in today's trading action. According to CNBC charts, we are seeing a bounce in gold prices, whereas Bitcoin remains in a stagnant position.

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