Gold (GC=F) and silver (SI=F) investors are taking a victory lap this year as crypto bulls are left in the dust.
On Friday, gold futures rose above $4,550 to hover at or near record highs, capping a year marked by more than 50 such records.
Meanwhile, silver also jumped over $75 per ounce, extending its year-to-date gains to 150% in a parabolic rally driven by concerns about physical shortages during a time of robust industrial demand. Platinum (PL=F) and copper (HG=F) have also soared to records this year.
Some investors have been quick to point out the divergence between the metals indust
On Friday, gold futures rose above $4,550 to hover at or near record highs, capping a year marked by more than 50 such records.
Meanwhile, silver also jumped over $75 per ounce, extending its year-to-date gains to 150% in a parabolic rally driven by concerns about physical shortages during a time of robust industrial demand. Platinum (PL=F) and copper (HG=F) have also soared to records this year.
Some investors have been quick to point out the divergence between the metals indust
2 months ago
