Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.
The price of gold climbed well past $2,000 per ounce last week, closing at $2,028 per ounce. Gold’s year-to-date gain as of August 7 was over 28%.
Gold rose over 4.5% last week, approaching all-time highs in both spot prices and continuous futures contracts.
Last week, gold prices found support at around $1,670 per ounce, and then rallied back toward the recent high at $1,788.00 per ounce before closing at $1,735 per ounce.