Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge
Gold has surged to a new all-time high, rising 33.5% over the past year to $2,583.64/oz. This is driven by easing inflation and expectations that the Federal Reserve will cut interest rates after recent data signaled a slowing U.S. economy. As inflation nears the Fed's 2% target, gold has become a go-to haven for investors looking to protect against potential economic turbulence.