The gold price racked up a stunning 26.6 per cent gain in 2024, beating even US stocks - and is now up nearly 800 per cent since the new millennium. The S&P 500 rose 23 per cent last year ...
Gold is not your first choice to earn long-term appreciation. Over the past five years, the price of gold has appreciated approximately 36% while the total return of the S&P 500 has been 60%.
In fact, gold is typically viewed as a safe-haven asset and inflation hedge. As of January 31, 2025, the price of gold is $2,810.51 per ounce, according to American Hartford Gold. While that ...