Owning Gold Is Not About US Hyperinflation Fears – ValueWalk Premium

Owning Gold Is Not About US Hyperinflation Fears

Owning gold is back in vogue. Last year the price of the precious metal posted its strongest annual gain since 2010, rising 13.09% to close the year at $1,303 per ounce. And since the end of 2017, gold has continued to rise hitting a high of $1,360/oz this week as the value of the US Dollar has slumped.

This performance means that gold has now outperformed a similar investment in the S&P 500 over the past 16 years. According to analysis from Sprott . . .

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