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Gold has surged, breaking above $4,000 per ounce and elevating the precious metal into an incredible $30 trillion asset class.

The relationship between gold and inflation held up well in the 1970s and 1980s, but much less so in the 2000s.

Gold once made up a much larger share of global FX reserves. Today, there’s a sharp divide.

Gold Breakout! Take Profit at High or Momentum Trade Now?
Gold prices are poised to set a new high-water mark, as this year's dramatic rally in the precious metal regains momentum. Most actively traded gold futures contracts rose more than 1%, and recently stood at more than $4,373 a troy ounce. If that price holds through the end of regular trading, it would set a new record.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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