Gold has recently surged to over $3,000 per ounce amid a correction in the S&P 500, raising questions about whether it is too late for investors to buy. Despite recent price increases, the demand for gold still appears strong, especially with predictions from Citi forecasting prices could rise to $3,300. The article emphasizes that holding gold can benefit investors looking for long-term diversification, as it provides stability compared to stocks and Bitcoin, thereby maintaining its appeal even at current highs.
Gold's recent run has coincided with a market correction, highlighting its value as a diversification tool; even with rising prices, buying gold remains strategically sound.
Citi projects gold prices could surge to $3,300 soon, reinforcing the notion that gold, despite current highs, remains a compelling investment.
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