Commodities
Gold Takes Down Bitcoin as Safe Haven Asset
Over the past year, gold has surged +31.4%, while Bitcoin has plummeted -46.0%. The nearly 80-percentage-point gap between the two assets reveals where real capital fled when uncertainty hit.
The performance breakdown as of August 16, 2026, shows that gold futures (GC) have a price of $4,446.10 and a 1-year return of +31.38%. Bitcoin (BTC/USD), on the other hand, has a price of $63,425 and a 1-year return of -46.04%.
The technical picture also reinforces the divergence: gold is in a confirmed uptrend, while Bitcoin is trading below every key moving average on longer timeframes.