Gold has emerged as a standout performer in 2024, boasting a 28.7% year-to-date return and narrowly outpacing the S&P 500’s 26.6% gain. This impressive rally follows a modest 9% increase between 2021 and 2023, marking a significant turnaround for the precious metal. The article explores factors influencing gold prices, its role in diversified portfolios, and various investment options, while also comparing gold’s performance to the S&P 500 across different currencies and time frames.

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Gold and Silver Hit Records Amid Shutdown Stalemate
Gold set new records near $4,240 while silver hovers just below all-time highs. Trade tensions with China, a U.S. government shutdown, India’s festival demand shift, and a proposed $40B U.S. backstop for Argentina are keeping risk on edge — and the safe-haven bid alive. Here’s what matters for prices, policy, and positioning today.