Why Gold Is More Valuable Than Ever Now
Gold is hitting record highs. But this new rally is bucking long held trends for the commodity, and bringing in a new class of investors. Typically, gold prices peak in periods of economic weakness and recessions; but by most measures, the U.S. economy is doing pretty well.
WSJ breaks down the factors driving gold’s historic rise, and what makes it different from previous rallies.
Chapters:
0:00 Gold’s rally
0:48 What’s driving gold’s rally
3:51 What makes this different?
5:04 What this means for investors
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Credit to : The Wall Street Journal