How Many Bars of Gold Does One Bitcoin Buy? ₿

What We’re Showing

This graphic shows the bitcoin-to-gold ratio, based on data from TradingView. Figures are as of November 11, 2024.

Key Takeaways

• Bitcoin has soared to all-time highs of over $90,000, pushing the bitcoin-to-gold ratio close to record levels.
• Today, one bitcoin buys more than 35 gold bars.
• Since Trump's election victory, bitcoin has surged amid market speculation and economic uncertainty under a pro-bitcoin administration.
• Gold has also rallied in 2024, driven by physical purchases across both central banks and retail investors.
• This year, Costco is selling up to $200 million in gold bars monthly, after first introducing them in 2023.