Well i don't think there's a relation between them? Although many people compare about bitcoin and gold, and often discuss about it, i think that's only because they want to tell that bitcoin is more profitable than gold.
And also, bitcoin is digital cryptocurrency. Meanwhile, gold isn't. So i don't think they have something to do with each other.

Well i don't think there's a relation between them? Although many people compare about bitcoin and gold, and often discuss about it, i think that's only because they want to tell that bitcoin is more profitable than gold.
And also, bitcoin is digital cryptocurrency. Meanwhile, gold isn't. So i don't think they have something to do with each other.

Right, I don’t think so there is any kind of relation between bitcoins and gold. Both are poles apart and do not share anything except for being the mode of investments and payments. Bitcoins are digital currency where as gold is a metal. It’s really ludicrous to compare both with each other. But yes, if we do make a comparison, bitcoin will have more votes because currently its demand is far more than gold.

I'm new posting here but old investor. I was wondering if there's a direct correlation between bitcoin price  and Gold price  

Hmm, the graphs definitely look pretty similar but I can't think of any reasons why they might be related. They are 2 different types of investments with probably different markets as well. Maybe think of this in a practical sense and it will be easier to explain. Bitcoin is a fairly new cryptocurrency that has a new market, is decentralized and also can be used to make purchases online. While gold is a rare metal, that is used for fashion and also one of the oldest investment options out there, it is super stable and is on a steady climb up, while bitcoin just feel around 1000 USD in the span of one week. Both investment options, but they are still totally different things, and probably have no relation to each other.

The only relationship I see in the fact that they are both digital in that most people who hold dont have the physical coin in the case of bitcoin and the raw gold kept at home in the case of gold aside that, I dont see any relationship. I dont trade in Gold neither do I know anyone who does and equally in bitcoin. They have their two independent consumers or clients and any relationship in the price of the two is function of coincidence.