Bitcoin to gold: how much gold does 1 BTC buy?
One bitcoin currently buys roughly 14.42 troy oz. The ratio is recomputed every day at 02:00 UTC from the latest BTC-USD price (CoinGecko) and the gold price — taken from Pax Gold (PAXG), a token redeemable for one fine troy ounce of LBMA Good Delivery gold that trades within a small premium of spot. Move the slider on the homepage to see what a fractional or institutional-scale bitcoin position is worth in gold; the dataset goes back to 2 January 2013.
Gold is the natural reference asset for any 'is bitcoin actually money?' question. It's mined at a roughly fixed 1.5% annual rate, has a four-thousand-year market history, and trades against every currency on the planet. A bitcoin's purchasing power in gold strips out fiat noise and leaves a pure scarcity-vs-scarcity ratio.
Open the interactive viewer → — scrub the slider from 1 sat to 21 M BTC, or drag the date back to 2013 to see how the cube grows and shrinks across history.
About gold and bitcoin
Gold's density is 19.32 g/cm³ — almost the densest naturally occurring metal you can hold without specialist handling. A troy ounce (31.1035 g) of gold occupies just 1.61 cm³, smaller than a sugar cube. The cube renderer on the homepage and this page draws the volume to true scale next to a constant 9-kg Shiba Inu so the eye has a reference.
For analysts, every BTC-to-gold pair in the dataset goes back to BTC's first liquid trading days. The full archive is published under CC-BY-4.0 at /data in CSV, JSON, NDJSON, and Parquet. The methodology page documents the data sources, the forward-fill rule that handles weekends and gaps, and the per-source health checks.
Frequently asked questions
- How many troy ounces of gold does 1 bitcoin buy today?
- About 14.42 troy oz. The number updates every day at 02:00 UTC from CoinGecko BTC-USD and the Pax Gold (PAXG) gold price.
- How is the BTC-to-gold ratio calculated?
- Each day's BTC-USD price is divided by the same day's gold price (USD per troy ounce). BTC and gold (via Pax Gold) both come from CoinGecko. The methodology page describes the forward-fill and per-source health-check rules.
- Does the price include premiums for physical bullion?
- No — the dataset uses spot (paper) gold. Physical-bullion premiums vary by product (coin, bar, refiner, region) and typically run 2–8% over spot. For investable comparison purposes, spot is the standard reference.
- How far back does the BTC-to-gold history go?
- To 2 January 2013, when BTC's USD market was first deep enough that a daily close is meaningful. Earlier prices exist but are too thin to be representative.
- Can I download the raw data?
- Yes. The full daily archive is published under CC-BY-4.0 at /data in CSV, JSON, NDJSON, and Parquet. The same data powers the homepage slider and this page.
This ratio through history
Each year page summarises what one bitcoin bought at that year's open and close, drawn from the same daily dataset.