29 May 2024
The price of gold has risen 16% since February 2024, but this surge doesn’t guarantee future increases or a solid long-term investment strategy. Gold’s historical performance shows significant fluctuations, with long periods of decline followed by recovery, making it an unpredictable and often volatile investment. While gold has offered some gains over centuries, its average annual return, after adjusting for inflation, is relatively low compared to the stock market.