Welcome to Extreme Investor Network, where we bring you the latest updates and insights on all things related to the stock market, trading, and much more. Today, we are diving into the incredible rally that gold has been experiencing since last October.
Gold has been on an impressive run, rallying from near the $1,800 level to score back-to-back all-time highs – a total of 33 separate occasions, so far this year. And as you read this, that number could easily be higher.
Just recently, gold prices skyrocketed to a new all-time record high of $2,585 an ounce, surpassing the previous high of $2,558 an ounce reached just days earlier. This surge has pushed gold prices up nearly 31% from its February low of $1,984 an ounce and an astounding 44% since October.
The record-breaking run of gold has certainly caught the attention of investors and analysts alike. Never before have we witnessed gold achieving multiple all-time highs in such a short period of time. The question on everyone’s mind is: could this just be the beginning?
As we continue to monitor the market and track the movements of gold, be sure to stay tuned to Extreme Investor Network for expert analysis and unique insights that will help you navigate the exciting world of trading and investing. Don’t miss out on our exclusive content that will give you a competitive edge in the ever-changing landscape of the stock market.