# Gold and Crypto: Investment Trends for 2026

> Gold and crypto prices surged in 2025 but faced declines in 2026 before partial recoveries in August and September.
- Title: Gold and Crypto: Investment Trends for 2026 · MoneyWeek
- Summary: Gold and crypto prices surged in 2025 but faced declines in 2026 before partial recoveries in August and September. Investors shifted to gold and crypto ETPs…
- Keywords: gold, crypto, bitcoin, ethereum, etp, 21shares, inflation, interest rates, de-dollarisation, sipp, ifisa, Investment
- Source: MoneyWeek — https://moneyweek.com/investments/gold/should-you-invest-gold-crypto
- Published: 2026-09-30T09:48:17+00:00
- Read time: 1 min
- Topics: gold, crypto, bitcoin, ethereum, etp, 21shares, inflation, interest rates, de-dollarisation, sipp, ifisa
## Gold and crypto prices surge
Investors piled into both gold and crypto in late summer 2025 with gold gaining 64% that year.
## Gold price trends
Gold hit an all-time high of $5,595 on 29 January 2026 before falling in 2026.
## Crypto price declines
Bitcoin fell 28% and Ethereum fell 37% from January to 31 July 2026.
## August-September recovery
Gold gained 2% and Bitcoin gained 33% in August and September 2026 as of 28 September.
## Morningstar analysis
Morningstar's Paganelli noted record inflows into gold ETPs and a sharp turnaround for Bitcoin products.
## Similarities between assets
Both gold and crypto act as stores of value with finite supply, making them hedges against inflation and sensitive to interest rates.
## De-dollarisation impact
Investors reduced reliance on dollar-denominated assets as portfolios became concentrated in dollar-linked exposures.
## 2026 correlation shift
Gold behaved more like a risk-on asset in 2026 due to interest rate expectations, unlike historical patterns.
## Investment options
The 21Shares Bitcoin Gold ETP (LON:BOLD) allocates 53.1% to gold and 46.9% to Bitcoin as of 28 September.
## Key takeaway

Investors shifted to gold and crypto ETPs amid de-dollarization trends, with Bitcoin and gold showing stronger correlations in 2026 than historically.