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SPTI - Falling Real Yields Suggest Gold Price Will Continue To Rise
SPDR® Portfolio Intermediate Term Treasury ETF
Rising economic and political uncertainty has boosted everyone's favorite precious metal in 2020. An ounce of gold was priced at just over $1,781 on Thursday (June 29), the highest since 2012, based on the continuous contract reported by StockCharts.com. Year to date, gold is up 17% vs. a 5.5% loss for US stocks (S&P 500 Index).
By some accounts, the recent bull run has more room to run. "We are still in the early stage of this next bull market, which is probably going to be the most violent and in percentage terms biggest bull