Gold Reaches Record Highs

The value of gold has reached a record high last week.

Last week, amid the economic volatility in the markets last week, the value of gold skyrocketed as the Fed announced its largest rate cuts since 2020.

With further rate cuts on the horizon, the price of gold is expected to continue increasing over the next few months. This is in sharp contrast with the previous standard of gold, which largely remained stagnant and a good holder of wealth for large companies and central banks.

Now, gold could very well be a good investment in not only holding wealth, but also making some.