Gold Is Outperforming Bitcoin And The Stock Market

In the past three months, investors have grown increasingly concerned about the negative potential impact of elevated inflation levels and rising interest rates in 2022. But while stock prices and cryptocurrency prices have lagged, gold has outshined them both. As of mid-day Thursday, gold was trading at more than $1,800 per ounce. But despite gold’s relative strength lately, many investors still see Bitcoin as the better long-term inflation hedge. The biggest pro of bitcoin as an inflation hedge is its long-term performance, gaining more than 1,000% in the past three years alone. However, for investors looking for a safe haven from market volatility in the near term, an investment in gold may be far less stressful than buying the volatile Bitcoin.