According to a Money report, the reality is you don't have to choose: A diversified investing portfolio typically includes a mix of stocks and bonds, and some experts recommend including gold investments as a "safe haven" asset as well (usually no more than 5% to 10% of your portfolio).
Gold futures climbed to yet another record high settlement Tuesday, with Citi predicting the yellow metal will climb to $3,000/oz in the next 6-18 months, adding to a list of Wall Street banks that have raised forecasts.
Gold prices edged down on Wednesday, but traded near their record high levels hit last week, as pressure from fading U.S. rate cut hopes overshadowed gains from safe haven demand arising out of geopolitical turmoil in the Middle East.
A recent gold rally could have bullion “shining bright like a diamond” — with the precious metal possibly topping $3,000 per ounce in the next six to 18 months, according to Citigroup analysts. Spot gold was trading at $2,
The price of gold has been in rally mode since the start of 2024 and analysts at one major bank think it can go a lot higher.In a report for investors,
Metal prices are mixed, with gold futures slipping 0.5% to $2,395.7 a troy ounce but base metals are rising. The precious metal has struggled to consolidate above the $2,400-an-ounce level after Friday's record $2,