Gold Surpasses $5,100 Milestone, Leaving Ethereum Behind
In a historic moment, gold prices have skyrocketed above $5,100 per ounce, achieving an all-time high that has left the cryptocurrency Ethereum trailing behind. This milestone reinforces gold’s reputation as a safe-haven investment, especially during times of geopolitical uncertainty. Meanwhile, Ethereum continues to struggle, trading below $3,000, with speculation of further declines on the horizon.
Gold’s Meteoric Rise Validates Market Predictions
Leading up to this significant rally, users on the prediction market platform Myriad forecasted gold’s ascent. As early as November 2025, a majority of Myriad users anticipated that gold would cross the $5,000 mark before Ethereum could breach $4,000. At the time, gold was trading around $4,000 per ounce, while Ethereum had dipped to $2,680. Now, gold’s steady climb has proven them right.
Fueling uncertainty, U.S. President Donald Trump’s recent announcement of potential 100% tariffs on Canadian goods sparked global economic concerns. Investors rushed to gold as a dependable asset amid these trade tension fears. In stark contrast, Ethereum and other cryptocurrencies have yet to gain the same status as reliable hedges, often behaving more like volatile risk assets.
Wall Street Weighs In
Goldman Sachs recently released a bold forecast for gold to hit $5,400 by the end of 2026, further driving investor optimism. Gold’s appeal lies in its stability, making it a go-to choice during global economic shifts.
On the other hand, Ethereum’s downturn continues. Currently priced at $2,883, Ethereum has dropped more than 10% in the last week. According to CoinGecko data, bears dominate market sentiment, with 69% of Myriad users believing Ethereum is more likely to drop to $2,500 than recover to $4,000 in the near term.
A Golden Opportunity for Retail Investors
As gold surges, it’s an excellent time for investors looking for stability to enter the market. Consider investing in high-quality gold-related products to capitalize on this trend. For example, the 1 oz Gold American Eagle Coin, a U.S. Mint masterpiece, offers a trusted way to own and store physical gold while benefiting from its value growth.
For those seeking alternative market exposure, exchange-traded funds (ETFs) like the SPDR Gold Shares (GLD) are also a reliable option and provide simplicity in tracking gold’s performance without needing to physically store it.
Crytocurrencies Struggle Against Gold’s Momentum
The current narrative highlights the contrasting nature of gold and cryptocurrencies during uncertain times. While the precious metal has surged by 65% in 2025 and an additional 12% in early 2026, cryptocurrencies continue to face challenges in winning over risk-averse investors. Despite Ethereum’s previous high of $4,946 last August, the road to recovery remains steep as it grapples with bearish sentiments.
As geopolitical tensions persist and gold maintains its rally, investors and analysts alike anticipate further growth, solidifying its role as a haven during turbulent times.
