Gold outperforms S&P 500 YTD as economic uncertainty looms

Quick Take Notably, in 2024 thus far, gold has outpaced the broader equity market, rising approximately 11% compared to the S&P 500’s 9% gain. Over the past 70-80 years, the relative performance of the S&P 500 and gold has fluctuated, with each dominating at different times, underscoring gold’s historical role as a hedge against economic […] source: https://cryptoslate.com/insights/gold-outperforms-sp-500-ytd-as-economic-uncertainty-looms/