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Inertial measurement units (IMUs) are typically classified as per the performance of the gyroscopes within each system. Consequently, it is critical for a system to have a low bias instability to have better performance. Nonetheless, there is no IMU available commercially that does not actually suffer from bias-instability, even for the navigation grade IMUs. This paper introduces the proposition of a novel fluid-based gyroscope, which is referred to hereafter as a particle imaging velocimetry gyroscope (PIVG). The main advantages of the PIVG include being nearly drift-free, a high signal-to-noise ratio (SNR) in comparison to commercially available high-end gyroscopes, and its low cost.