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%.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
