The historic rally in gold prices has led to a series of new all-time highs. According to reports by Barron’s and The Wall Street Journal, gold’s rally has even outpaced the growth of more traditional asset classes.
“Remarkably, gold has outperformed the S&P 500 since the start of 2022, when the Fed started raising interest rates. It is up 20% compared with a 14% rise in the stock market benchmark over the same period.”
—Barron’s, April 1, 2024
What factors are supporting gold’s record-breaking rally, and is now a good time to buy?
Click on the video link below for exclusive insights on this topic from U.S. Money Reserve’s Coy Wells.
Related headlines from around the web:
- Barron's: “Gold Hits an All-Time High. It’s Beating the S&P 500.”
- The Wall Street Journal: “Gold Is Shining Brighter Than Stocks in 2024.”
- MarketWatch: “Gold barrels past $2,400 to a new high. There’s not much standing in its way, say analysts.”
Enhance your portfolio with precious metals today.
Widespread market forces like central bank demand, geopolitical tensions, and monetary policy may continue to drive gold prices higher. Gold has also historically been used as a hedge against economic uncertainty and market turbulence. Now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.
Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.
