Snapshot (latest prices):
$BTC has been trading in the ~$86k–92k range over Dec 9–16, 2025, closing about $87.3k on Dec 16, 2025.
Over the same period spot gold sits around $4,200–$4,330 per troy ounce, closing about $4,326/oz on Dec 16, 2025.
What that means (simple comparison): one bitcoin currently equals roughly ~20–21 ounces of gold (87,320 ÷ 4,326 ≈ 20.2 oz). That conversion highlights how Bitcoin remains a much higher-priced store-of-value unit but gold still represents a large share of safe-haven demand (and has a different supply/demand profile). (price data as cited above).
2026 outlook (brief):
• For gold, large financial firms are still forecasting further upside through 2026 (e.g., Morgan Stanley projecting higher gold into late-2026, ~$4,800/oz by Q4 2026 in their view), driven by expected rate cuts, central bank buying and macro uncertainty. That would lift gold’s baseline as a monetary hedge.
• Bitcoin’s 2026 path is more binary: it’s sensitive to risk-asset appetite, macro rates and regulatory flows. Recent job/inflation prints have caused short-term volatility (crypto pulled back on Dec 16 after jobs data). If liquidity loosens and macro risk remains, BTC could regain upside; if macro surprises tighten or regulatory headwinds intensify, downside is likely.
Bottom line: as of Dec 16, 2025 Bitcoin is trading at ~$87k while gold is ~$4.3k/oz — BTC currently represents ~20 ounces of gold per coin. Gold’s 2026 forecasts (from major banks) point to continued upside but at a steadier pace; Bitcoin’s path is higher-variance and will depend on macro liquidity and risk sentiment.
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