SPY News: Why gold is outperforming nearly everything so far this year - 28th Aug 2024, 8:00pm

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Gold futures (GC=F) have been surfing record highs, with Monday's prices hitting $2,555.2 per ounce, sending the value of a 400 troy ounce gold bar to $1,022,080.

The yellow metal has forged meteoric gains this year, emerging as the world's second-best-performing asset next to crypto. Its 23% year-to-date gain edges out the megacap-loaded Nasdaq Composite (^IXIC) — itself...

>>> Read more: Why gold is outperforming nearly everything so far this year
 
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