The price of gold in U.S. dollars jumped 25.5% in 2024, barely outperforming the total return (including dividends) of the S&P 500, which amounted to 25%. And in January, gold popped another 6.4% to a record high -- compared to a 2.8% total return for the S&P 500.
Gold rallied to all-time highs amid the rush to a safe haven, triggered by President Donald Trump's tariff threats, which have ignited fears of a trade war. The bullion topped $2,830 per ounce on Monday before paring back some gains.
On Feb. 3, 2025, gold bullion reached an all-time high above $2,830 per ounce before retreating slightly. It closed up 0.6% after Trump announced a one-month delay on his planned 25% tariffs against Canada and Mexico.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
The price of gold and the SPDR Gold Shares ETF NYSEARCA: GLD delivered exceptional returns in 2024, with GLD surging over 30%, outperforming the benchmark and broader market. This trend has continued in 2025, with GLD up nearly 3% year-to-date as of Friday's close.
Beating the S&P 500 is a hard thing to do consistently, especially if you're paying hefty management fees or expense ratios for a fund.
janews / Shutterstock.com The Consumer Price Index inflation report shows that December saw a 2.9% rise on top of a previous November 2.7% rise.
Market volatility has become a recurring theme lately, driven by multiple factors that contribute to investor uncertainty. These factors include persistent inflation, the ongoing conflict in Ukraine, and the unpredictable policy decisions of the recently elected Trump administration.
Gold investments certainly had a great year in 2024, breaking into new all-time highs due to macro factors and investor demand. Before 2024 closed out, UBS released an insight piece on how gold may perform in 2025.
With gold prices pulling back off their highs, dip-buyers may have a golden opportunity to top up before uncertainties and the potential for market volatility drive up demand for the precious metal.
After the best year in nearly 15 years, gold is set to shine more in 2025. Investors should bet on these ETFs.
The SPDR Gold Trust (GLD) ETF could have another solid year as Wall Street analysts predicts more gains for gold. GLD, the biggest gold ETF, rose to a record high of $257.93 in October as gold peaked at near $2,800.