Gold vs Bitcoin hedge debate

THE ongoing debate about whether gold or bitcoin offers a better hedge has intensified, following their impressive performance in 2024.

Spot gold has surged around 15% year-to-date, reaching new records and surpassing the US$3,000-per-ounce level since last month, while bitcoin more than doubled in value, crossing the US$100,000 mark for the first time in the early part of this year, before moderating to around US$80,000 to US$90,000 in recent weeks.