Bitcoin no match for gold: Barrick Gold CEO

Real-time quotes provided by BATS BZX Real-Time Price.

Speculators have driven prices to record highs this year and last as Congress has doled out billions of dollars through stimulus checks and as the Federal Reserve cut rates to near zero and pledged to buy an unlimited amount of assets to support the U.S.

The belief that all of that money sloshing around in the system will lead to inflation has resulted in investors pushing the price of bitcoin, the largest cryptocurrency by market capitalization, up by as much as 116% this year to a high of $63,500 per coin.

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