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. Richard C. Young & Co., Ltd. was ranked #5 in CNBC's 2021 Financial Advisor Top 100. Jeremy is also a contributing editor of youngresearch.com.