Is now a good time to buy gold? This question is top of mind for many investors, especially after gold's dramatic price swings and its ongoing comparison to Bitcoin as a store of value. In this article, you'll discover the latest market signals, how gold's performance stacks up against crypto, and what key indicators like the BTC/Gold Mayer Multiple reveal about potential buying opportunities.
As of October 27, 2025, gold has experienced a historic year, with its price up 55% compared to the end of 2024 (source: Bloomberg). However, on October 21, 2025, gold saw its largest single-day drop in over a decade, falling from $4,330 to $4,030 per ounce. This 6.3% decline followed a strong multi-month rally, driven by global economic uncertainty, U.S. debt concerns, and speculation about Federal Reserve rate cuts.
Despite this correction, gold remains a preferred safe-haven asset during periods of political and financial turbulence. Analysts from major banks like Goldman Sachs and UBS project that gold could reach $4,900 and $4,700 per ounce, respectively, by 2026. Yet, some experts warn that the recent surge may have been a momentum trade, which can quickly reverse as profit-taking sets in.
The BTC/Gold Mayer Multiple is gaining attention among crypto and precious metals investors. This indicator compares the Bitcoin-to-gold price ratio against its 200-day moving average. When the ratio falls below 1, it historically signals that Bitcoin is undervalued relative to gold, often marking strong buying opportunities for crypto. For example, the BTC/Gold Mayer Multiple dropped to 0.70 in November 2022 and 0.85 in March 2020—both times coinciding with Bitcoin market bottoms, followed by significant rallies (source: @TIPMayerMultple).
Recently, the BTC/Gold ratio touched 0.84, suggesting that Bitcoin may be poised for a rebound. This relationship highlights how gold's performance can serve as a leading indicator for crypto market moves. Investors tracking these signals often use them to inform their timing for entering or exiting gold and Bitcoin positions.
While gold is celebrated for its stability and role as a hedge against inflation, its long-term returns have lagged behind Bitcoin. Over the past five years, Bitcoin has surged over 700%, whereas gold has roughly doubled in value. In standout years like 2025, gold can outperform major indexes and even Bitcoin, but such periods are rare. For instance, after a sharp drop in 2012, it took gold eight years to recover to previous highs.
Gold's price tends to rise during global crises, making it a reliable barometer for social and political stress. However, its volatility can still surprise investors, as seen in the recent $2.1 trillion market cap drop in a single day. In contrast, Bitcoin's price movements are often more dramatic but have delivered higher long-term gains for those able to withstand the volatility.
One common misconception is that gold always outperforms during economic uncertainty. While it often acts as a safe haven, its returns can be modest compared to riskier assets. Another myth is that gold is immune to sharp corrections—recent events show that even gold can experience sudden downturns.
For those considering whether now is a good time to buy gold, it's essential to monitor both macroeconomic trends and technical indicators like the BTC/Gold Mayer Multiple. Diversifying with digital assets such as Bitcoin can also help balance risk and return. For secure and efficient trading, Bitget offers a robust platform for both crypto and precious metals enthusiasts. If you're looking to manage your assets seamlessly, Bitget Wallet provides a user-friendly solution for storing and tracking your investments.
Gold remains a vital part of many investment portfolios, especially during uncertain times. However, its recent volatility and the growing influence of digital assets like Bitcoin mean that timing and diversification are more important than ever. Stay updated with the latest market data and consider using tools like the BTC/Gold Mayer Multiple to inform your decisions.
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