If we compare the volatility of gold with other assets like fiat money, bitcoin or stocks...it is not wrong to say that gold is more stable.
People often say gold is stable, meaning it is not dumped and has little volatility due to factors such as inflation, economic crisis...Gold prices are stable but not fixed, we need to distinguish these two things are different.
Furthermore, volatility includes both increases and decreases but the term “volatility” is usually only used in cases where prices change sharply, suddenly and unpredictably.
Yes, it can happen and affect the value of gold, but the price can be volatile and caused by various factors and many influence it with the difference in the value of the goods, but it is different with gold even though the price is not fixed, but in the sense that it does not fall too much, its value is still stable, at most it shifts a few percent from the purchase price of the gold, when compared to other assets, of course gold is much better.