Bitcoin is only at the start of its journey, broadly speaking - that's why we can say we are still early and are going to witness ATH, after ATH, and others to come.. whereas gold is already so established and packed up, and different - that it wouldn't be able to do the same.
Do the same as in how? Hitting new all-time highs again and again? Bro, I totally agree with @Stalker22 here, Gold has been around for centuries, and it's been a store of value, and even a currency for some civilizations, and since then, it has been getting more and more expensive, so I'm not sure how you are saying that it wouldn't be able to do the same when it has been doing it even before Bitcoin existed.
I personally believe that we shouldn't be comparing Bitcoin with Gold because both are completely different things. One is a precious metal with a physical existence and recognition all around the world, another is a digital cryptocurrency that doesn't have a physical form but has a limited supply and hence a higher value based on its demand in the market. Gold can't compete with Bitcoin's value because Bitcoin's supply is way less than Gold's, whereas Bitcoin can't compete with Gold because it's more recognised and accepted in the world.
So, it depends on what a person wants to achieve, because both are good, and both have different properties, pros and cons.