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General Market Commentary
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Precious Metals
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General Market Commentary
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General Precious Metals
The Next Bull Market for Gold May Have Just Begun
With stocks pricey and investors getting valuation jitters, precious metals may be just the thing to add a little luster to your portfolio.
For starters, there are reasons to believe that a bull market for gold and silver might be beginning.
Not long ago, gold and silver prices went through a rough patch. In September 2011 the price for gold hit nearly $1,900 an ounce before plummeting to $1,050 in December 2015, according to data from the London Bullion Market Association. Since then prices have risen slowly, with gold trading recently at about $1,250. Silver prices followed a similar pattern.
The uptick in prices could continue because gold has a long history as the asset that investors flock to when everything else seems risky. And for some investors, the stock market is flashing a yellow warning light now.