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.
Jeremy Jones, CFA, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. CNBC has ranked Richard C. Young & Co., Ltd. as one of the Top 100 Financial Advisors in the nation (2019-2022) Disclosure. Jeremy is also a contributing editor of youngresearch.com.