Archives for December 2024

Gold and the S&P 500 have had impressive starts to the year, each gaining around 17-18% in the first half of 2024. With both assets reaching record highs, you might be wondering which the smarter investment choice is. The good news? You don’t have to choose. A well-diversified investment portfolio typically includes a mix of stocks, bonds, and gold—often regarded as a "safe haven" asset. Currently, gold is trading at approximately $2,640 per troy ounce, up over 17% year-to-date and over 23% over the past 12 months. This surge is partly fueled by expectations of interest rate cuts and robust central bank purchases. While stocks have historically outperformed gold, there are notable exceptions. For instance, over the past 20 years, … [Read more...]