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Gold has been having a fabulous year, and it has outperformed the stock market. Bullion has jumped 30.1% year to date compared with the 19.5% growth of the S&P 500.
When bonds become less attractive, gold has historically rallied. This is because higher interest rates increase the burden on holding gold as it does not pay a yield. Hence, in an environment where interest rates are coming down and mega-cap growth stocks like tech are looking more lucrative than bonds, the sentiment about investin...
>>> Read more: 3 Gold Stocks to Invest in as Interest Rates Come Down
When bonds become less attractive, gold has historically rallied. This is because higher interest rates increase the burden on holding gold as it does not pay a yield. Hence, in an environment where interest rates are coming down and mega-cap growth stocks like tech are looking more lucrative than bonds, the sentiment about investin...
>>> Read more: 3 Gold Stocks to Invest in as Interest Rates Come Down
