OUNZ ETF

Leading up to Election Day, gold was one of 2024's best-performing assets. It was even beating stocks.

Gold is one of this year's best-performing assets. That fact is highlighted by various ETFs holding the yellow metal.

Gold and the related exchange traded funds are among this year's best-performing assets, helped in part by expectations and delivery of interest rate cuts by the Federal Reserve, but the extent to which bullion is outperforming is something to behold. Take the case of the VanEck Merck Gold Trust (OUNZ).

Investors seeking to diversify equity-heavy portfolios have been largely disappointed by bonds this year. Still, commodities have picked up much of that slack.

Equities — particularly those of the AI variety — are garnering most of the headlines and praise this year. But gold is putting together an impressive showing in its own right.

Scarcity has long been a supporting factor in the gold investment thesis. The exact extent to which bullion supply is limited is difficult to quantify.

(Kitco News) - Gold prices are just a bit weaker in early U.S. trading after hitting another record high overnight at $2,300.00 basis spot, and at $2,324.80 basis June Comex futures. Silver prices are slightly up and hit a two-year high overnight, at $27.455 basis May Comex futures.

2023 has been a year that has had several different topics dominate the minds of investors and financial advisors. From interest rates to recession risks to active management to artificial intelligence, advisors and investors have had quite the challenge in figuring out where they should put their focus within the markets.

Heading into the final weeks of the fourth quarter with 2024 looming, the levels of uncertainty in the markets remain at the front of investors' and financial advisors' minds. On top of that, there are many different angles in the marketplace today regarding the current and future outlook.