Gold is experiencing its best year since 1979, with its value increasing by 71 percent. This rise surpasses the S&P 500, which has seen an increase of just 18 percent.
Expectations for Federal Reserve rate cuts in the upcoming year are supporting the metal’s growth.
Additionally, a weaker U.S. dollar is contributing to this upward trend. Gold is often considered a resilient investment because it retains its value during times of crisis.
