Here is a quick snapshot of Gold's Performance so far, "Year Over Year."
Here is a quick snapshot of Silver's Performance so far, "Year Over Year."
Here is our chart of the week.
Chart note: This long-term chart on the annual average price of gold since 1970 dispels the notion that gold is somehow volatile or unpredictable and as a result unreliable as a long-term portfolio safe haven. On the contrary, it shows gold living up to its reputation as a reliable portfolio safe haven during times of rapidly changing economic circumstances. The strong showing for 2019 is worth noting with the average price at $1392 per ounce. At this week’s near-record close price of $1904 (not shown on chart), gold is now trading 36% higher than 2019’s average price.
