Page 36 - Bullion World Volume 3 Issue 11 November 2023

Bullion World | Volume 3 | Issue 11 | November 2023

The above figure provides valuable insight into the price fluctuations of gold and bitcoin. It vividly illustrates the ranges
within which these assets have been fluctuating. Notably, gold exhibits a 3% deviation from its mean, reflecting a
moderate level of price movement during this period. In contrast, bitcoin displays a substantial 9% deviation from its
mean, underscoring the heightened volatility in the bitcoin market. These percentage movements serve as a clear
indication of the relative stability of gold and the pronounced price swings inherent to bitcoin. Investors and traders can
leverage this information to tailor their risk management

*Disclaimer- The price fluctuations vary from year to year depending on the market conditions and the
above prices are for the year 2023 only*

36