Gold Is The Way To Go, Given Q3 Consensus
Gold returned 12.92% in Q3 2024, starting the quarter at 2329.10 USD and ending at 2629.95 USD, per the LBMA fix PM price. Year-to-date, gold displayed a staggering performance of 27.20%. As a comparison, the S&P 500 is up 20.72% year to date and 5.25% during Q3 2024.
Gold maintaining high value in Q2 despite increased volatility
Gold returned 2.93% in Q2 2024, starting the quarter at 2264.50 USD and ending at 2330.90 USD, per the LBMA fix PM price. Year-to-date, gold displayed a strong performance of 12.74%, depicting a bumpy geopolitical landscape, which preserved caution amongst individual and institutional investors.
Gold off to a Great Start For Q1 2024
Gold returned 7.1% in Q1 2024, maintaining a strong momentum and feeding on several different profiles of buyers (private investors, central banks, etc.), which enabled the metal
Gold Newsletter 2023: Uncertain times trigger rush to safe-havens
Gold returned 14.6% in 2023, making it the best preforming year since 2020, when it was strongly boosted by the Covid pandemic and returned more than 26% year-on-year