Matrixport has reported that gold has outperformed Bitcoin by nearly 80% over the past year, as shown in a chart released on December 23. The firm attributes gold's superior performance to weak dollar dynamics, increased demand for diversified assets, and its role as a store of value. In the current environment of falling interest rates and lower inflation, investors are gravitating towards traditional hedges like gold. Despite Bitcoin's popularity, central banks continue to favor gold due to its lower volatility and reduced political risks. While a potential Trump victory could alter reserve strategies, Matrixport suggests that significant changes are unlikely before 2026.