Gold (GCQ24) has been on a remarkable upward trajectory, reaching an all-time high of $2,481 per ounce as recently as July 17. Cash gold (GCY00) is up a healthy 15% since the beginning of the year, edging out the S&P 500 Index's ($SPX) return of 13.8%. Silver (SIU24), often considered gold's more volatile cousin, has also racked up significant gains, up an impressive 21.6% in 2024.
