Background: Although denosumab has been approved as an antiresorptive agent for giant cell tumor of bone, its efficacy has not been proven.Objectives: To compare the efficacy and safety of denosumab and zoledronic acid treatment in patients with surgically unsalvageable giant cell tumor of bone.Methods: A total of 250 patients with surgically unsalvageable giant cell tumor of bone were included in this randomized clinical trial.Patients received either subcutaneous denosumab (DB group; 120 mg per 4 weeks plus an additional 120 mg on days 8 and 15; n = 125) or intravenous zoledronic acid (ZA group; 4 mg per 4 weeks; n = 125) for six cycles.Disease status, clinical benefits, treatment-emergent adverse effects, overall survival, and cost of treatment were evaluated during the follow-up period.Statistical significance was determined using 95% confidence intervals.Results: Denosumab and zoledronic acid had similar tumor responses (p = 0.18) and clinical benefits (p = 0.476).Disease progression was observed in fewer patients in the DB group (1%) than ZA group (2%).Denosumab caused fatigue (p = 0.0004) and back pain (p < 0.0001), while zoledronic acid caused hypocalcemia (p < 0.0001), flu-like symptoms (p = 0.021), hypotension (p = 0.021), and hypokalemia (p = 0.021).Denosumab treatment was markedly more expensive than zoledronic acid treatment (p < 0.0001).The cost to manage treatment-emergent adverse effects was higher for the ZA group than the DB group (p = 0.0425).Overall survival was the same for both treatments (p = 0.066).Conclusions: Denosumab is a safe but costly alternative to zoledronic acid for treatment of surgically unsalvageable giant cell tumor of bone.