What you need to know about gold’s curious rally

(Image: Getty)

Wed, 13 Mar 2024

By Bob Henderson “Quiet.” “Stealthy.” “Surprising.” Gold prices are hitting record highs, and Wall Street analysts say they have been caught off guard.The precious metal is traditionally seen as a haven in times of volatility and geopolitical risk. This time, its ascent is coinciding with investor optimism about the US economy, which has sent riskier assets like stocks to new highs. Even bitcoin has surged past its previous record.“Gold’s sharp jump to new nominal highs has surprised us in it...

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