I think 2016 will be very good for gold 
it will be better for bitcoin, and because of this i believe that it will be bad for gold, many will dump to move on bitcoin
Look back at august 2015 China stock market crisis.
Commodities, secondary currencies, Bitcoin (risk assets) - down.
Gold - up.
Thats mean - if global economy will go down - gold will rise and price of bitcoin will go to south.
in 2013 when bitcoin increased a lot in value , gold went down quite a bit
it's ssems that they are antagonist