Spot gold prices are up by 2.75% today as the precious metal continues its fantastic year. In addition, gold futures are up by 3%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Gold Continues to Outperform in 2025
The price of gold has now increased by 23% this year, outperforming the S&P 500’s (SPX) loss of 3.7% by a wide margin. Gold is often characterized as a safe haven investment and is viewed by many as a hedge against uncertainty. Furthermore, gold typically carries an inverse relationship with the U.S. dollar, which has weakened during the past month.
