Gold Volatility Tops Bitcoin in Wildest Price Swings Since 2008

Gold has become more volatile than Bitcoin, underscoring how the metal’s blistering rally has given way to drastic price swings that rival its most turbulent moments in the past two decades.

Thirty-day volatility in gold has climbed above 44%, the highest level since the 2008 financial crisis, according to data compiled by Bloomberg. That surpasses the roughly 39% for Bitcoin, the original cryptocurrency often dubbed “digital gold.”