In the years leading up to last October’s gold price reversal, the metal had more than its fair share of competitors. Investors guided by risk aversion were often divided in their allegiance among various asset categories. While some preferred the traditional safe haven of U.S. Treasury bonds, a growing number of participants turned to the cryptocurrency sphere as a way to hedge against global economic uncertainty.
Yet as we enter the 1-year anniversary of gold’s latest bull market, it’s clear that the precious metal has eclipsed bitcoin as a preferred safety asset. Moreover, gold’s popularity