Meanwhile, SPDR Gold shares are down 3.78 percent in the last twelve months and up 4.49 percent in the last three months. Fund 12-month performance 3-month performance SPDR Gold Shares (GLD) -3.78% 4.49% Bitcoin Investment Trust Shares (GBTC) 141.83 30.81Source: Finance.yahoo.com 3/3/2017Apparently, Bitcoin is more popular than gold among investors. Then there are a couple of advantages that make Bitcoin better than gold, at least for the millennial generation, which understands the digital currency better than the baby-boomer generation. Unlike gold, for instance, Bitcoin is a convenient medium of payments around the globe, though for a limited number of transactions. The supply of gold, on the other hand, is expected to increase anytime its price rises, as it provides an incentive for gold miners to mine for gold.

Source: Forbes March 04, 2017 17:32 UTC