Gold breaks record above US$5,100, leaves Ethereum (ETH) behind

Jakarta, Pintu News – Gold prices hit a new record high above US$5,100 per ounce, surpassing the price milestone that Ethereum (ETH) has yet to reach at US$5,000, reflecting the difference in performance between safe haven assets and more volatile crypto assets in the current market conditions.

Gold Escapes to Highs > US$5,100

On Monday, gold prices broke through the US$5,100 per ounce level for the first time in history, setting a new record that reinforced its role as a safe haven asset amid global market uncertainty. The surge comes as investors’ demand for the precious metal increases in times of high market volatility and macroeconomic turmoil.

This price movement also validated a number of predictions inprediction markets that previously placed gold’s target above US$5,000. The increase shows that gold is still a top choice for investors seeking long-term hedging.

Also Read: 5 Key Facts on Silver vs Gold Supply Gap and Its Impact on Crypto & Commodity Assets

Ethereum (ETH) lags below US$3,000

Meanwhile, Ethereum (ETH) traded below the US$3,000 level as gold set a new record, with some users of the prediction market predicting that ETH could drop to US$2,500 before climbing back up to the US$4,000 level. These movements suggest that although the Ethereum network is showing strong on-chain activity, market prices are still being held back by broader risk sentiment.

Bitcoin (BTC) and other cryptocurrencies have also performed more like risk assets than hedging instruments, so the differences with gold have become more pronounced in this period.

Gold vs Crypto Momentum Comparison

Geopolitical pressures and global monetary policies often push investors towards defensive assets like gold. When market risks increase, gold tends to strengthen due to its perception as a store of value, whereas crypto assets like ETH are still subject to more speculative capital flows.

Market records show that Ethereum had approached the US$5,000 milestone at the peak of the previous cycle, but has not been able to break through that level. This paints a different picture of the price movement path between precious metals and digital assets.

What It Means for Investors

Gold’s record performance may signal investors to reconsider portfolio diversification strategies, especially in the face of global uncertainty. Gold remains a strong hedge against inflation and geopolitical risks.

On the other hand, Ethereum and other cryptocurrencies offer higher growth opportunities but with greater volatility. Investors considering these instruments need to balance the potential returns with the risk profile of each asset.

Read More: Altcoin Price Spikes: A Seasonal Phenomenon Not to be Missed!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Stacy Jones/Decrypt. Gold Beats Ethereum to $5K Milestone, Hitting Record Above $5,100. Accessed January 31, 2026.