Roughly 18.7 ounces. Spot gold closed Friday, November 6 at $4,045 an ounce, down 1.02% on the day, after the 165,000-job October payrolls report lifted the dollar index 0.72% to 102.28, according to Rio Times closing data cited by FinanceFeeds. Gold markets are shut for the weekend, so that close still stands, and against bitcoin's $75,723 at noon Eastern on Saturday, per Bitcoin.com News, one bitcoin buys about 18.7 ounces. Both assets had rough months. Gold sits about 26.6% below its $5,513 record from January 28, while it is still up about 4.4% from its October 30 low of $3,875 after peaking at $4,134.83 on Thursday. Goldman Sachs cut its end-2026 gold forecast to $4,150 from $4,650, citing a more hawkish Federal Reserve, while Citi's zero-to-three-month target is $4,500. The next test for both is the October consumer price index on Tuesday, November 10 at 8:30 a.m. Eastern; FinanceFeeds puts gold's bull level at $4,135 and its bear level at $3,990. Follow the ratio as it moves on our live bitcoin price in gold page, which tracks how many troy ounces one bitcoin buys.
November 8, 2026
How Many Ounces of Gold Does One Bitcoin Buy? About 18.7 After Gold's Jobs-Day Drop
Original reporting: FinanceFeeds ↗