Gold’s Rally Ahead of Fed Shows Investors Still Nervous
Sure, the Dow and S&P 500 are near all-time highs. Gold is up more than 25% compared to an 18% spike for the S&P 500. The rally in gold could be a sign that investors are still worried about what will happen to the U.S. economy even as the Federal Reserve looks to engineer a soft landing with a series of rate cuts.