Bitcoin $7,000. Dow Jones 26,000. That way new all time high price for Gold will be $2400/ounce.
Iran crude oil getting banned worldwide and Iran threatening to block major supply route through Gulf seas. Crude oil going back to $150/barrel.
Some $1 trillion trade/tariffs war started by Donald Trump with many countries.
In my own opinion, it does not matter if gold will have a huge amount because people will still prefer cryptocurrency since it was more profitable than gold.