I think gold and bitcoin are independent in the current period,
I think thats a fact because bitcoin is decentralized and can be mineable while gold do also come from the earth's soil and can also be mineable .
it doesn't have any price relationship.
I think thats also a fact because bitcoin is online and gold is offline , there is no solid relationship on them but both assets have a high value .
The price fluctuations of both are completely different, .
Like i said earlier both have higher prices but bitcoin is a bit more expensive and can grow faster due to its volatile feature while gold is more on a stable side
you can get rich quick with bitcoin but that is not possible with gold.
I think its also possible with gold but you need to have a bigger capital and you need to have a good trading skills while you can do it effortless with bitcoin