Gold's Historic Surge and Its Implications for Cryptocurrency

According to Odaily, Delphi Digital, a digital asset market research firm, reported on the X platform that gold prices have surged by 120% since the beginning of 2024, marking one of the strongest increases in history. This rise occurred without the backdrop of an economic recession, quantitative easing, or a financial crisis. In 2025, central banks purchased over 600 tons of gold, with expectations that the purchase volume will reach 840 tons in 2026. Historically, gold has led Bitcoin by approximately three months at liquidity turning points, making this trend significant for the cryptocurrency market. While gold has completed its repricing for the easing cycle, Bitcoin sentiment remains influenced by previous cycle simulations and recent pullbacks. The performance of precious metal assets is signaling policy easing and fiscal dominance. When precious metals outperform stocks, the market tends to price in currency depreciation rather than growth collapse. The volatility in the precious metals market could indicate the future trajectory of other risk assets.