I don't know how gold is relevant.. except someone who is lost in regards to the value of bitcoin, and surely at most, you might hold up to 10% of the size of your bitcoin investment int gold and even 10% is probably too much.
A Gold investment is another hedge against inflation, but with lower volatility. I believe that's relevant
especially today that Central Banks have been the largest buyers, accumulating since 2020.
Personally, I have a small investment, which I may add more if the price DIPs.
surely gold is another hedge against inflation with low volatility but may not come close to bitcoin in advantage. for me i dont see any reason of taken gold as a consideration when we have the digital gold that is more important, many guys are even selling gold to buy bitcoin knowing the potential of bitcoin in the long run. well its your decision to buy some portion of gold and i cant question you. the only thing is that it is better than saving in fiat especially if you want to diversify.
even if central bank buy gold does not make it as important as bitcoin. central bank are just afraid of bitcoin high volatility and also because bitcoin is a decentralized currency that the price can not be manipulated that why they go for a more stable or less volatile asset like gold.even if central bank buy gold does not make it as important as bitcoin. central bank are just afraid of bitcoin high volatility and also because bitcoin is a decentralized currency that the price can not be manipulated that's why they go for a more stable or less volatile asset like gold. the profit made buy bank by investing on gold since 2020 can not come close to the profit made by MicroStrategy that buys bitcoin all the time, and other large organization.