Gold is experiencing a historic rally, up 30% this year to $3,406 per troy ounce, outperforming stocks, bonds, and Bitcoin.
This surge is driven by broad demand from central banks diversifying away from the US dollar, as well as individual investors seeking a safe haven amid economic uncertainty.
While gold has outperformed the S&P 500 over the past 20 years, experts caution against abandoning stocks entirely for gold, as historically stocks have provided higher long-term returns.
For investors interested in gold exposure, options include physical coins or bars, ETFs, or mining stocks such as Barrick Gold and Newmont, which currently trade at attractive valuations despite operational challenges.