Gold is undergoing a record streak of declining value, continuing for the tenth consecutive day, marking the longest series of declines for this asset on record.
This is reported by Finway
- The price of gold has decreased for 10 consecutive days — a historic maximum for the duration of a decline.
- Meanwhile, Bitcoin is strengthening its position: the ratio of its price to gold has increased by nearly 30% since the end of February.
Record Decline of Gold: Dynamics and Reasons
According to Bloomberg analyst Katie Greifeld, gold has lost up to 27% of its value from the peak level in January 2026, and since the end of February, the decline has been about 12%. As of March 25, the price of the precious metal is approximately $4565 per troy ounce — it previously temporarily dropped to $4100, according to data from TradingView.
“Gold now lower for 10 days straight, longest losing streak on record.”
This trend is occurring against a backdrop of global economic uncertainty. One reason is the active statements by U.S. President Donald Trump regarding the situation surrounding Iran. Following his remarks about “productive negotiations” and the postponement of strikes, as well as statements about victory in the war with Iran, financial markets, including the cryptocurrency market, reacted with a sharp rise.
Bitcoin Outpaces Gold in Growth Rates
While gold is losing ground, Bitcoin is showing growth and strengthening its status as the main safe-haven asset. Since the escalation of the conflict in the Middle East at the end of February, the ratio of Bitcoin to gold has increased by 30% — now 1 BTC is equivalent to nearly 16 ounces of gold, whereas before the conflict, this figure was around 12 ounces. At the time of preparing this material, Bitcoin is trading at $71,661, according to TradingView.
ByteTree’s investment director Charlie Morris emphasized that Bitcoin traditionally starts to lag behind gold at the beginning of a cycle, but then catches up and surpasses it. He noted:
“I remember the excitement when 1 BTC first exceeded one ounce of gold in March 2017. […] Now 1 BTC is worth 16 ounces of gold. Given the depletion of gold, we can expect a new historical maximum of over 40 ounces in the coming months or years.”
Bloomberg analyst Eric Balchunas pointed out that there is no direct inverse correlation between gold and Bitcoin — their prices often change independently of each other. However, in the past week, gold ETFs, such as SPDR Gold Trust and iShares Gold Trust, have experienced significant capital outflows, while flows into Bitcoin ETFs have increased.
It is worth noting that the demand for gold ETFs among retail investors has tripled over the past six months, with investment volumes exceeding $70 billion. However, further reductions in positions and the exit of speculators have caused a trend reversal, allowing Bitcoin to rise nearly 15% since the end of February and establish itself above $70,000.
JPMorgan analysts predict that in the long term, Bitcoin may appear more attractive than gold, estimating its growth potential to $266,000. BlackRock CEO Larry Fink referred to Bitcoin and gold as “fear assets” in light of global debt risks and emphasized the growing interest of investors in alternative means of preserving value.