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Gold hit another record high. Has it formed a bubble yet?

From morningstar.com

Gold on Monday marked its 36th record-high close of the year so far. Gold may be showing signs of a bubble formation - with prices on Monday scoring their 36th record high of the year so far - but not all analysts are convinced that the precious metal has overextended its rally. The yellow metal has been rallying since mid-2023 and has been reaching consistent all-time highs since then, wrote Brett Friedman, Winhall Risk Analytics/OptionMetrics contributor, in a recent note. That has come as many see gold as the "perfect investment at the perfect time" - thriving off fear and uncertainty around inflation, currency ... (full story)

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  • Category: Fundamental Analysis