Gold stocks have outperformed NVIDIA
Yesterday, I found an interesting data perspective.
The gold stocks in the U.S. market (GDX) have outperformed NVIDIA in the past year, a classic tortoise and hare race.
Gold prices have risen about 26% year-to-date, the highest level since 1976. The resilience of gold stocks relative to gold has also been consistently demonstrated.
In terms of valuation and potential capital allocation, gold stocks are not yet at particularly high levels. Goldman Sachs expects gold prices to reach $3,700 by year-end, with extreme scenarios surpassing $4,000.
Risk Warning: The market carries risks, invest with caution. The content herein is solely for personal investment insights and is intended for educational purposes only, not as investment advice or recommendations for specific products or stocks.
Personal Note: Due to my limited capabilities, I apologize for any oversights and welcome corrections.
@Community Assistant
$VanEck Gold Miners ETF(GDX.US) $NVIDIA(NVDA.US) $Gold(IN00380.US)
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