!?️Is this a time to be cautious about gold?

Short-term and long-term perspectives for the world's most desired metal.

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Gold prices are on track for the 8th consecutive weekly gain, the longest streak since the 2020 Crisis.

In fact, gold has been one of the best-performing assets over the last few years and materially outperformed stocks.

Gold has risen 41% since January 2024. By comparison, the S&P 500 has gained 28%.

Over the last 3 years, gold has rallied 54% versus the S&P 500’s 39%.

As a result, gold is trading just $40-$50 away from the historic $3,000.

This was forecasted in November’s article linked below.

Furthermore, gold prices adjusted for US inflation also hit an all-time record.

Has the sentiment gotten too euphoric? Is this a time for a correction in gold prices? What are the short-term and long-term perspectives for metal prices?

You will find answers in the following piece.

WHAT HAS BEEN BEHIND THE RECENT RALLY IN GOLD PRICES

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