--- title: "Long time no see! The 30-day volatility of gold has risen to 44%, surpassing Bitcoin, reaching the highest level since 2008" description: "Since the birth of Bitcoin 17 years ago, gold's volatility has only exceeded that of Bitcoin on two occasions. As gold's 30-day volatility rises to 44%, surpassing Bitcoin's volatility of about 39%, g" type: "news" locale: "en" url: "https://longbridge.com/en/news/274507329.md" published_at: "2026-02-02T11:37:02.000Z" --- # Long time no see! The 30-day volatility of gold has risen to 44%, surpassing Bitcoin, reaching the highest level since 2008 > Since the birth of Bitcoin 17 years ago, gold's volatility has only exceeded that of Bitcoin on two occasions. As gold's 30-day volatility rises to 44%, surpassing Bitcoin's volatility of about 39%, gold's role as a stable store of value seems to be reversing The gold market is experiencing the most severe price fluctuations since the 2008 financial crisis, with its volatility surpassing that of Bitcoin, which is known for its volatility, highlighting the intense turbulence faced by this traditional safe-haven asset after a rapid surge. According to data compiled by Bloomberg, the 30-day volatility of gold has risen to over 44%, the highest level since the 2008 financial crisis. This figure exceeds Bitcoin's volatility of about 39%, which is often referred to as "digital gold." This marks an unusual role reversal. Gold is typically viewed as a more stable store of value compared to cryptocurrencies, which are known for being susceptible to speculation. Since Bitcoin's inception 17 years ago, gold's volatility has only exceeded that of Bitcoin on two occasions, the most recent being last May when U.S. President Trump's tariff threats escalated trade tensions. ## Safe-Haven Demand Drives Gold Prices to Record Highs Economic uncertainty has driven precious metal prices to record highs that have shocked even seasoned market participants. Earlier this year, the already hot rally accelerated sharply as investors poured in due to renewed concerns over geopolitical risks, currency devaluation, and the independence of the Federal Reserve. A wave of buying from retail investors further inflated the market bubble. Some traders indicated that the previous rally had gone too far, too fast, leading to a dramatic reversal. In just two trading days, spot gold plummeted by $1,000, nearing the $4,400 mark. Bitcoin has failed to benefit from the same forces driving gold higher. The token fell to a 10-month low on Monday, continuing the sell-off from the weekend, with a cumulative decline of over 40% since its peak in October. Despite facing geopolitical pressures, a weakening dollar, and severe volatility in the metal markets, Bitcoin has not seen funds rotate from precious metals into it, making gold currently a more volatile investment target. However, gold still maintains its status as a superior safe-haven asset. Over the past 12 months, gold has risen by about 66%, while Bitcoin has fallen by 21% ### Related Stocks - [600547.CN - SD-GOLD](https://longbridge.com/en/quote/600547.CN.md) - [RING.US - iShares MSCI Global Gold Miners](https://longbridge.com/en/quote/RING.US.md) - [GDX.US - VanEck Gold Miners ETF](https://longbridge.com/en/quote/GDX.US.md) - [GOEX.US - GLOBAL X Gold Explorers](https://longbridge.com/en/quote/GOEX.US.md) - [518850.CN - ChinaAMC Gold ETF](https://longbridge.com/en/quote/518850.CN.md) - [07299.HK - FL2CSOPGOLD](https://longbridge.com/en/quote/07299.HK.md) - [GLD.US - SPDR Gold Shares](https://longbridge.com/en/quote/GLD.US.md) - [NEM.US - Newmont](https://longbridge.com/en/quote/NEM.US.md) - [IAU.US - iShares Gold Trust](https://longbridge.com/en/quote/IAU.US.md) - [GOAU.US - Us Gbl GLD & Met](https://longbridge.com/en/quote/GOAU.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 达利欧家办重仓黄金！彻底退出桥水后首曝美股持仓，规模升至 5 亿美元 | 达利欧家族办公室自疫情以来首次披露美国股票投资情况。截至去年年底，其在美股市场持仓约 5.03 亿美元，较 2021 年初增长约三分之一。其中超过四分之三资金配置在黄金 ETF，其余分散布局美债及标普 500 指数等资产。分析称，这一举动显 | [Link](https://longbridge.com/en/news/276472669.md) | | 纽蒙特矿业｜8-K：2025 财年营收 227 亿美元超过预期 | | [Link](https://longbridge.com/en/news/276377769.md) | | 1750 亿美元 “关税退款”！对美股是 “财政刺激”，对美债是 “增加债务”，对金银是 “不确定性重来” | 1750 亿美元潜在退款短期利好美股，零售消费股受益，但该裁决导致关税收入缺失，未来十年或为美债增加超 2 万亿美元负担。特朗普表态将通过其他途径重征关税，政策不确定性加剧，黄金周五暴涨 2% 突破 5100 美元，白银涨 8%，避险情绪升 | [Link](https://longbridge.com/en/news/276502057.md) | | 俄罗斯央行 1 月卖出 30 万盎司黄金储备，价值达 14 亿美元 | 俄罗斯央行 1 月抛售 30 万盎司黄金储备，预计套现约 14 亿美元。这是自去年 10 月以来的首次减持，旨在弥补该国预算赤字。尽管持仓量下降至 7450 万盎司，但得益于金价暴涨，俄罗斯黄金储备总价值在 1 月反而激增 23% 至 40 | [Link](https://longbridge.com/en/news/276505753.md) | | 读懂金银铜：培风客陈大鹏带你理解全球秩序重构下的资源品定价新机遇 | 3 月 15 日，原紫金矿业投资经理陈大鹏带你拆解全球金属定价新范式 | [Link](https://longbridge.com/en/news/276523437.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.