Jakarta, Pintu News – Gold prices recorded their worst month since 2008 after falling more than 13% in March 2026, but trading activity surged to a new record. Gold trading volume averaged US$361 billion per day or around Rp6,135,917,000,000,000,000 at an exchange rate of Rp16,997 per dollar. This has sparked investor attention as gold’s movements are now starting to have a direct impact on crypto markets such as Bitcoin (BTC) and Ethereum (ETH).

Gold prices fell sharply after an eight-month uptrend came to a halt. The decline was the deepest since the 2008 global financial crisis. But at the same time, gold trading activity surged to its highest level ever.
The daily volume of gold reached US$361 billion or around IDR6,135 trillion. This figure is almost three times the 2021 average of US$134 billion. The surge in volume indicates that large investors are still actively trading gold.
Also Read: 5 Ways to Invest in Oil: Starting from Rp11,000, Can You Do It Through Crypto?

Gold trading volumes now surpass many major financial assets. Gold activity even outperforms US Treasury Bills, the Dow Jones index, and major currency pairs. This suggests gold remains a highly liquid global asset.
In comparison, Apple, Nvidia and Tesla stocks only record around US$26 billion per day. If converted, the value is around IDR 441 trillion, far below the volume of gold. This condition indicates that investor interest in safe havens is still high.

Gold’s decline was triggered by a strengthening US dollar and rising bond yields. The Federal Reserve’s policy expectations also changed after a surge in oil prices related to the Iran conflict. These macro factors suppressed demand for gold as a safe haven.
When the dollar strengthens, gold usually weakens as it is priced in USD. Global investors then shift capital to other assets. Crypto is often an alternative when volatility increases.
As gold weakened, some capital began to move into cryptocurrencies. Bitcoin (BTC) and Ethereum (ETH) often see an influx of funds as investors look for higher growth potential. This makes the correlation between gold and crypto even more pronounced.
This asset rotation happens especially when macro volatility increases. Institutional investors started using crypto as diversification. This strengthens the position of cryptocurrencies in global portfolios.
Despite falling prices, central bank purchases continued. Net acquisitions reached 19 tons after weakening earlier. This shows structural demand for gold is still strong.
However, this figure is still below the 2025 average of 26 tons per month. This means that demand has not fully recovered. This opens up opportunities for further volatility in the gold and crypto markets.
Gold’s decline amid a surge in volumes indicates a major shift in the global market. Investors are starting to actively rotate assets between gold and crypto. Bitcoin (BTC) has the potential to receive capital flows when gold weakens.
You need to monitor the relationship between gold, the dollar, and crypto. When gold falls and volumes rise, volatility usually increases. This often opens up trading opportunities in the cryptocurrency market.
Also Read: 3 Ethereum Signals: Could It Break Rp40 Million or Fall Again?
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As a secure crypto app, Pintu provides a crypto trading experience to access crypto gold investment easily and conveniently. You can also see today ‘ s gold jewelry price and today ‘ s gold bullion price to support your investment activities and portfolio diversification as well as learn crypto through Pintu Academy.

As blockchain technology develops, gold can now be owned not only in physical form such as jewelry or bars, but also in digital form through gold-based crypto assets.
Crypto gold offers a more flexible, practical, and modern way of investing in gold than physical gold. Some of the advantages of crypto gold investment in Pintu are:
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.