Gold prices have broken out of a six year trading range. Gold is up over 11% YTD, and more than 21% since its August low. The chart below compares the performance of gold from its August 2018 low to the S&P 500.
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Jeremy Jones, CFA is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Jeremy is a contributing editor of youngresearch.com.