With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)
Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.
I think people use a lot of money to buy gold to preserve their money. It is not a new trend. When the economy stabilizes, they will definitely invest in crypto and the stock market. Do not worry, everything will be fine.
But if we compare between gold and crypto, its still far from the goals if we think its all were same. Gold from a long time has been used in all sector and industries, its still valuable, Moreover, gold has a physical form which make it so easy to prove how valuable it is. But in crypto without a physical form and still have much case and controversy, That was can caused these prices unstable. Manipulation in gold also didn't affect to world economy, for now people aware to Oil manipulation.