Why Gold Is Seeing Record High Demand Right Now | WSJ

The Wall Street Journal May 16, 2024
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Gold is hitting record highs. But this new rally is bucking long held trends for the commodity, and bringing in a new class of investors. Typically, gold prices peak in periods of economic weakness and recessions; but by most measures, the U.S. economy is doing pretty well. WSJ breaks down the factors driving gold’s historic rise, and what makes it different from previous rallies. Chapters: 0:00 Gold’s rally 0:48 What’s driving gold’s rally 3:51 What makes this different? 5:04 What this means for investors News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. #Gold #Investing #WSJ

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