Comment by oytis
Is there any good explanation for what is happening with gold prices long-term? If you look at 5-10 year charts it was pretty stable and started to look like NVIDIA stocks since 2023.
Is there any good explanation for what is happening with gold prices long-term? If you look at 5-10 year charts it was pretty stable and started to look like NVIDIA stocks since 2023.
> Gold is now up 50 percent since August 2
SP500 with reinvestment for comparison is 72%
NVidia without reinvestment 900%
This article does a reasonable job of laying out some of the drivers:
https://markets.financialcontent.com/stocks/article/marketmi...