Gold-Digging Your Way Out of COVID
Millennial Robinhood traders aren’t favoring gold but that doesn’t make it a bad investment.
- Gold prices rose to its highest in 9 years well above $1,800/oz. Bank of America estimated gold prices will rise to $3,000/oz over the next 18 months.
- In 2020, gold outperformed the S&P 500 with a 17% gain compared to a 2.6% decline.