- The yellow metal has managed to stay positive since the start of the year, skirting pressure from surging yields and a strong U.S. dollar.
- The value of the dollar is now highly elevated on the back of interest rate hikes, and yet the yellow metal has continued to trade above $1,800 an ounce.
- Dividend investors may have a hard time selecting stocks that pay out at a competitive rate.
- With stocks and bonds out of favor, the metal may be a better bet to potentially keep ahead of inflation right now.
For further details see:
Gold Has Held Up Nicely Against A Strong Dollar And Surging Bond Yields