It rarely passes today without mentioning gold, oil and other goods in the addresses. This focus on the alternative investment category continued in June.
The SPDR Gold Shares Tradeed TORCHED box rose by 2.5 % on Monday to start the month. The future contracts for copper and oil were about 4 % for each.
The strong performance of gold has been significantly documented, as prices have reached record levels several times this year. Golden future contracts advance about 29 % profit for this year, compared to an increase of 0.4 % in the S&P 500 Index. Fears on customs tariffs, irregular economic policies, as well as tensions with China money to safe haven.
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