Is gold more stable? Don't talk nonsense. It can fall in price just as much as other speculative instruments. What's especially dangerous is that it has incredibly strong volatility. Large amplitude fluctuations during the day. It takes out stop orders in no time.
I remember the moment when I was trading gold. So, it fell in price for almost 6 months in a row. This wiped out my entire deposit, which was more than 1k dollars. This really shook me. I didn't think that such a thing could happen.
It sounds like you are talking about trading gold on the forex market and not investing in physical gold. I don't think it's correct to use gold's volatility in the forex market to measure and evaluate gold's volatility. Since forex trading involves leverage, the higher the leverage ratio, the greater the price fluctuations. The volatility of 1:100 leverage will be completely different when you use 1:1000 leverage.
Gold is still volatile but when compared to bitcoin gold, stocks...other speculative assets gold is much more stable. It is no coincidence that only gold is considered the only safe haven, not bitcoin or stocks.