Rate Of Return
GOOG Return Rate$SPDR Gold Shares(GLD.US)
Gold is currently experiencing a highly volatile technical correction. After peaking at nearly $5,600/oz in late January, prices sharply retreated toward $4,900/oz in early February. This dip was driven by a rebounding U.S. Dollar and the nomination of a hawkish new Fed Chair.
Despite this short-term "rollercoaster," the long-term outlook remains constructive. Many analysts expect prices to stabilize and potentially test $5,200–$6,000/oz later this year.
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