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Gold Reaches All-Time High as Bitcoin Breaks Above $11k

The precious metal has gained roughly 28% this year. Bitcoin is up 13% in 24 hours.

Jul 27, 2020 at 10:42 p.m. UTC
Updated Sep 14, 2021 at 9:36 a.m. UTC

The price of gold reached a new all-time intraday high of $1,942 Monday, extending a rally that started in 2019.

  • A record high for the yellow metal comes during an approximately 28% rally since January.
  • Gold’s previous record high of $1,924 was reached on Sept. 6, 2011.
  • Bitcoin, often viewed as digital gold, soared to $11,400 as the stalwart cryptocurrency keeps pace with gold. 
  • Bitcoin gained more than 13% over the past 24 hours, according to OnChainFX

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