Quote from: stingers on November 07, 2015, 07:03:04 AM

Quote from: shamati on November 07, 2015, 06:50:46 AM

Why is gold price falling now, even when bitcoin price going up?

I want to know that.

I guess most of it depends on the demand and supply of things. Gold and bitcoin are completely two different things, and gold going down has a very little or nothing to do with bitcoin going up. You might consider reading this for some more info on gold prices : http://www.economist.com/blogs/economist-explains/2015/07/economist-explains-17 .
Though the trend for btc going up is because of other reasons, that include high demand due to FBI auction(people might expect btc to crash afterwards and so they are buying right now) and halvening that will create a low volume of bitcoin in the market.

Gold is just one of the many factors of the Bitcoin market. The fluctuation in gold price does not alone affect the value of your Bitcoin. The main factor is probably the buying and selling factors that affect the market value. Don't need to worry about the price of gold. Just hold tight till the halving comes as the value of your Bitcoin will be driven up.