Crypto vs. gold: Which is safest in a fractured stock market?

Gold prices

As of late this week, gold prices stood at about $4,000 per troy ounce. Gold had recently crested above the $4,000 mark before retreating moderately as commodity traders weighed the impact of the U.S. dollar, which is tightly tied to gold prices, ongoing inflation concerns, and the Federal Reserve's response. Typically, gold acts as a hedge or “insurance” in times of uncertainty.