18 January 2024
Recently, gold has become a focal point for investors, peaking at a record high of $2,100 per ounce in early December. This surge in value led to a significant increase in investor interest and portfolio additions. However, there’s been a shift in this trend over the past week. This new decline, largely attributed to strong economic data and changing market expectations, might raise doubts about investing in gold. Yet, CBSNews shares 5 reasons this drop in prices presents a compelling reason to consider investing in gold now, offering a strategic entry point for potential investors.