3 Gold Stocks to Invest in as Interest Rates Come Down
IAGIAMGOLD(IAG) ZACKS·2024-10-04 21:16

Gold has been having a fabulous year, and it has outperformed the stock market. Bullion has jumped 30.1% year to date compared with the 19.5% growth of the S&P 500. When bonds become less attractive, gold has historically rallied. This is because higher interest rates increase the burden on holding gold as it does not pay a yield. Hence, in an environment where interest rates are coming down and mega-cap growth stocks like tech are looking more lucrative than bonds, the sentiment about investing in gold get ...