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Bank of America: Gold to Outperform Tech Stocks Through 2024

Minister of Finance 25 August 2024 No Comments

  • Despite the yellow metal's price rising to record prices, Bank of America advised investors to buy 
  • He also advised investing in gold-linked stocks such as gold ETFs.
  • Gold is the only asset that has outperformed US tech stocks since the beginning of the year through August 2024.
  • Gold prices have outpaced the S&P 500's gains by a few percentage points since the start of 2024.

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