Add as a preferred source on GoogleAnalysis Puts Bitcoin at 18.4 Ounces of Gold in Nov. 12 Comparison
The calculation used Bitcoin at $71,343 and COMEX gold futures at $3,885 an ounce.
One bitcoin equaled about 18.4 troy ounces of gold on Nov. 12, compared with 39.9 ounces on Dec. 17, 2024.
The calculation divided a Bitcoin price of $71,343 by a COMEX gold futures price of $3,885 per troy ounce.
The ratio was just below 21 ounces at the start of 2026 and 12.4 ounces on Feb. 23.
The ratio is calculated by dividing Bitcoin's dollar price by gold's dollar price per troy ounce. A lower reading means gold gained value relative to Bitcoin over the period measured; the ratio alone does not explain why either asset moved.
TokenPost has previously covered Bitcoin's relative value against gold.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.