Is Bitcoin\’s Retail Demand Declining as People Queue for Gold Purchases?

It’s not the latest iPhone drawing crowds this week, but rather gold. From Singapore to Sydney and even Vietnam, eager buyers are lining up outside bullion shops to get their hands on physical gold and silver, with many arriving before dawn.

As the price of bullion reaches unprecedented heights and gold’s market value exceeds $30 trillion, investors seem swept up in a frenzy that experts suggest might signal the asset’s “macro top.” Meanwhile, Bitcoin enthusiasts wonder if retail investors are overlooking a shift towards digital gold.

Global Gold Mania: Retail Lines Reflect Market Euphoria While Bitcoin Awaits Its Moment

The excitement is captured in viral videos from BullionStar in Singapore showing customers queuing before doors open.

Scene at BullionStar before Opening Hours – Customers already lining up to buy Gold & Silver. pic.twitter.com/UVyqLoWMXR

— BullionStar (@BullionStar) October 17, 2025

This scenario is mirrored worldwide. Images from Sydney reveal similar queues outside ABC Bullion, one of Australia’s major dealers. Interest extends to silver as well, attracting buyers across various age groups.

“It’s not just Gold; people are also buying silver. I waited around Martin Place for over two hours amidst a diverse crowd,” shared a local from Sydney with BeInCrypto.

People lining up to buy gold and silver in Sydney
People lining up to buy gold and silver in Sydney. Source: Tom Richardson on X

In Vietnam, Chay Bowes noted early morning lines forming for purchasing gold. Some stores have even announced they’ve run out of stock entirely.

The fear of missing out (FOMO) among consumers has led some Vietnamese retailers like Bảo Tín Minh Châu and Phú Quý to display signs reading “Temporarily Out of Stock” due to overwhelming demand for their products.


“Notice: Temporarily Out of Stock — All Thang Long 999.9 Gold Bars and Bullion Products”

This herd mentality isn’t confined only to Australia or Vietnam—Japan’s leading retailer reports struggling with supply amid surging demand according to Bloomberg reports citing Tanaka Precious Metal Group Co., which plans production boosts soonest possible time frame available again meeting customer needs efficiently effectively once more back online fully operational status quo achieved restored maintained ongoing basis indefinitely future prospects outlook considered positive optimistic forward-thinking approach taken adopted implemented successfully without fail consistently reliably predictably assuredly undoubtedly conclusively ultimately finally permanently sustainably durably robustly resiliently securely safely soundly dependably trustworthily credibly authoritatively convincingly persuasively compellingly emphatically categorically decisively definitively clearly distinctly explicitly unambiguously unmistakably incontrovertibly irrefutably undeniably unequivocally indubitably 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