Few investments did better in 2024 than gold, which is wrapping up its best year since 2010 and one of its largest annual gains on record. Wall Street’s gold bugs think prices will climb even higher in 2025.
Prices for the precious metal are up 27% in 2024 to $2,617.20 a troy ounce. That is better than the S&P 500’s 25% gain and not far behind the 31% increase of the technology-stock-laden Nasdaq Composite Index.