Officially Gold Is Outperforming Stocks in 2023 as Rally Continues

Gold is eclipsing the S&P 500 in 2023, approaching a significant $2,000 mark. While the stock market struggles since the beginning of the year, gold’s rally showcases a 9.2% increase. This outperformance isn’t new; gold has consistently bested stocks in 2020 and 2022. Amid mounting distrust in central banks, coupled with weakening confidence in bonds, Federal Reserve policies, and Global Instability, investors are increasingly viewing gold as a robust hedge against unstable market dynamics.