Gold to Glitter More in a Falling Rate Environment: 5 Top Picks

Gold price has been soaring in the past two years following market participants’ expectation of a low-interest rate regime since mid-2023. On Sept. 22, spot gold price touched an all-time high of $2,664 per ounce. In the past year, gold price has jumped 42%. In the same period, the Dow, the S&P 500 and the Nasdaq Composite – have rallied 24.7%, 33.9%, and 38.4%, respectively. Gold price is expected to maintain its northbound journey in the near future due to several reasons, which will be discussed below. H ...