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Is Now a Good Time to Invest in Gold? Here's What to Know
Posted
December 9, 2023
Views
6,381
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77
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December 9, 2023
6,381
77
6
1.30%
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1:00Now PlayingFor many investors, gold is looking hot right now. The precious metal just touched an intraday record $2,135.39 an ounce thanks in part to its haven status: The more volatile the world gets, the better gold tends to do.
Bullion has rallied almost 16% since early October, a surge that was initially sparked at the start of the Israel-Hamas conflict, but has since been driven by bets on the Federal Reserve will shift to monetary loosening early next year.
So, is the time right for retail investors to start putting money in the asset? Or is it best to keep your exposure confined to your jewelry box?
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