There is no denying that it’s been quite an exciting year so far for Gold. The yellow metals unstoppable rise to glistening new heights has continued to go from strength to strength – outperforming Bitcoin, the S&P 500 and even the Magnificent Seven stocks in 2024.
Gold has been on an epic run since October 2023 – rallying from near the $1,800 level to score consecutive back-to-back all-time highs – not once, not twice, but on 37 separate occasions, so far this year.
Last week, Gold prices skyrocketing to a new all-time record high of $2,685 an ounce, surpassing the precious metals previous all-time high of $2,670 an ounce reached only a day earlier – extending its gains by an impressive 49%, over an 11-month stretch.
According to analysts at GSC Commodity Intelligence – the precious metal is being driving by “a multitude of bullish tailwinds” including the ongoing de-dollarization…
