It’s not the brand new iPhone inflicting strains round metropolis blocks this week, however gold. From Singapore to Sydney, and even Vietnam, crowds of retail patrons are queuing outdoors bullion outlets to buy bodily gold and silver, many arriving earlier than dawn.
As bullion costs hit file highs and gold’s complete market capitalization surpasses $30 trillion, buyers seem caught in a frenzy that analysts say might mark the asset’s “macro top.” In the meantime, Bitcoin proponents ask the identical query: Is retail lacking the subsequent rotation into digital gold?
Sponsored
Sponsored
Gold Fever Goes International: Retail Queues Sign Market Euphoria as Bitcoin Waits Its Flip
The frenzy is seen in viral movies from BullionStar in Singapore, which present clients lining up earlier than opening hours.
The scene is replicated in different elements of the world. Photos from Sydney present comparable strains outdoors ABC Bullion, one among Australia’s largest sellers. A few of this demand is spilling over to silver, with curiosity reportedly unfold throughout completely different age brackets.
“It’s not just Gold, people are also buying silver. I stood around the shop in Martin Place for over 2 hours. There were a lot of young people in the crowd. Although the demographic was largely people above 40 in the area I went to, you could also see many young people in their 20s in the crowd,” one Sydney native instructed BeInCrypto.
Folks lining as much as purchase gold and silver in Sydney. Supply: Tom Richardson on X
In Vietnam, Chay Bowes reported that individuals line up from daybreak to purchase gold. Some gold outlets within the nation have additionally introduced that they don’t have any extra gold to promote.
The retail FOMO (concern of lacking out) compels “Temporarily out of gold for sale” signage at among the largest gold methods in Vietnam.
Indicators from Vietnamese gold sellers Bảo Tín Minh Châu and Phú Quý announce that their gold bullion merchandise are fully bought out, reflecting a nationwide rush for bodily gold.Sponsored
Sponsored
This “herd mentality” extends past Australia and Vietnam, the place individuals queue for a number of hours. Based on Bloomberg, Japan’s prime gold retailer says it’s unable to maintain up with the demand.
“We are strengthening our production system to quickly resume stable supply to customers,” Bloomberg reported, citing Tanaka Valuable Metallic Group Co.
The shopping for spree comes solely months after a pro-gold laws in Florida. Governor Ron DeSantis signed a invoice to permit gold and silver cash to turn out to be authorized tender and gross sales tax–exempt beginning July 2026.
From defunding ESG to preventing de-banking, we’ve taken actions to guard Floridians from the push for extra centralized management over foreign money and transactions. At this time, I used to be happy to signal HB 999, via which Florida will train its authority below the U.S. Structure to… pic.twitter.com/MZpwbbHdC8
— Ron DeSantis (@GovRonDeSantis) Might 27, 2025
Nevertheless, whilst FOMO hits the roof, analysts name for warning. As retail psychology not often modifications, some may very well be caught in exit liquidity.
“And soon it’ll be lines for people selling it back,” wrote IncomeSharks.
Sponsored
Sponsored
Indicators of Euphoria and “Blowoff Top”
Market veterans are sounding alarms in regards to the mania. Dealer Mayne referred to as the rally “long in the tooth,” noting that “Peter Schiff [is] reaching insane ranges of insufferability and individuals are lining as much as purchase bodily gold.
“I’m thinking the top is close,” he warned.
Different analysts see basic prime indicators forming as individuals line as much as purchase bodily gold when it’s in the costliest type to promote.
As of this writing, gold was buying and selling for $4,330, its all-time excessive, with the RSI (Relative Power Index) displaying parabolic momentum.
Sponsored
“This is what retail FOMO looks like! Hundreds of people lining up… to buy $GOLD literally at the top. The top signal couldn’t be clearer. #Bitcoin still needs to go higher before the crowd rushes in,” one analyst famous.
Analysts Anticipate Bitcoin’s Rotation Second
Gold’s parabolic transfer comes because the steel achieves an unprecedented $30.154 trillion market cap, making it the primary asset in historical past to take action. Nevertheless, a number of analysts counsel that this retail gold euphoria might precede a liquidity rotation into crypto.
“Gold has now reached the euphoria phase. It should make a local top within 2 weeks around 29th Oct FOMC, and then we will see a massive liquidity rotation into Bitcoin. Trillions are coming into crypto market and we will see the BIGGEST BULL RUN EVER,” Ash Crypto predicted.
Equally, one other famend analyst, Jelle, forecasted an incoming new rotation to digital gold, referring to Bitcoin.
Gold going completely loopy, individuals standing in line on the Bullion shops, and Peter Schiff is deepthroating himself.
Time for a brand new rotation to digital gold?
Both method, is smart to see earnings move out of Gold quickly with the way in which the market behaves.$BTC pic.twitter.com/XCQ6PYVxVt
— Jelle (@CryptoJelleNL) October 17, 2025
Nevertheless, in as a lot as such purchaser frenzy presents as a number one indicator that the asset might crash quickly, macro uncertainty associated to President Trump might see the gold rush last more, doubtlessly even so long as 2-3 years.
