November 27, 2023
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December 11, 2023
Achieved $2,117 per troy ounce on Dec. 3, 2023, but its price dipped by 5.33% in the previous week.
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Gold's year-to-date increase against the U.S. dollar is 9.9%, despite the record high.
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Bitcoin, with a 166% surge in 2023, outshines gold's recent accomplishments.
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Gold advocate Peter Schiff expresses satisfaction with gold's rise, downplaying bitcoin's surge.
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Peaked at $69,044 on Nov. 10, 2021, now standing over 36% below its apex price.
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Over the last six months, year-to-date, and the past year, bitcoin consistently outperforms gold.
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Bitcoin's 1,145% increase significantly surpasses gold's 60% gain against the U.S. dollar.
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Despite gold's larger market capitalization ($13.5 trillion), bitcoin's trajectory signals a changing landscape in asset value appreciation.
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