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https://www.barrons.com/articles/why-gold-is-lagging-behind-its-record-prices-51661412600
Two years after gold’s rise to its highest-ever price, the metal doesn’t have a lot to show for it. It has failed to regain ground above the $2,000 level, prompting investors to question its ability to serve as a haven asset.
As some analysts point out, however, gold remains a key asset for long-term portfolio diversification and has outpaced performance in the U.S. stock market.
Two years after gold’s rise to its highest-ever price, the metal doesn’t have a lot to show for it.
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