Gold currently has more utilities than crypto ( tech, drugs, accessories...), and the limited quantity of availability makes the gold is more valuable for the moment but it started to change, with DeFi cryptocurrencies are starting to have more utilitiees and will certainly soon dethrone gold.
Gold will not abdicate because in general Gold is still considered a precious precious metal and that regardless of its availability, in contrast to cryptocurrencies whose supply sometimes counts itself in the circulation of the market, so its use will obviously be different because some people still consider Gold it as adornment for itself.