
Gold Prices Soar Amid Record-Breaking Markets: Is a New Normal Emerging?
This year, the stock market has seen significant gains, with the S&P 500 reaching a new record high, while gold prices have skyrocketed by 71% to date, reaching $4,514 per troy ounce. Contrary to the conventional narrative attributing gold's rise to global turmoil and inflation, research suggests that the introduction of gold exchange-traded funds (ETFs) in 2004 has permanently increased gold prices. The massive accumulation of gold through ETFs, totaling nearly $375 billion in North America and $175 billion internationally, is a key factor driving gold's unprecedented price surge.









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