GOLD IS DOWN NEARLY 25% FROM ITS JANUARY RECORD — BITCOIN IS DOWN JUST OVER 3% SINCE — ONE BITCOIN NOW BUYS 19.88 OUNCES, UP 61% FROM FEBRUARY’S LOW

Gold hit a record $5,477.79 an ounce on January 29, 2026. By the October 8 close it was $4,109.71, down nearly 25%. Bitcoin closed January 29 at $84,513 and October 8 at $81,693. Down just over 3%.

Price bitcoin in gold and it looks better still. On February 24, the low, one bitcoin bought 12.35 ounces. On October 8 it bought 19.88, up 61%. It touched 20.89 on October 4, the most since January 14. We had it at 18 on September 4.

Gold still won the year, though. On October 8, 2025, a bitcoin bought 30.86 ounces. Since then bitcoin’s down 33.8% and gold’s up 2.8%. Pick January and bitcoin looks great. Pick last October and gold does. The chart shows both.

Gold’s whole case is that it holds its value when paper money doesn’t. Since January it’s held about three quarters of it. At the time of this writing, bitcoin was $82,558.