Bank of America: Gold to Outperform Tech Stocks Through 2024

Minister of Finance 25 August 2024 No Comments Blog

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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