Is the Gold Rally Overdone? Here’s What History Says May Come Next
August 02, 2020 at 10:00 AM EDT
By Frank Holmes, CEO and CIO, U.S. Global Investors As you’re probably aware by now, spot gold is trading at an all-time high in nominal terms, having recently hit $1,977 an ounce. Futures touched $2,000 for the first time ever. Not only that, but according to the 14-day relative strength index...