Business
Gold surges to new all-time-high; overtakes Magnificent 7 as most crowded trade
Image source: Getty Images
Gold has soared to successive all-time highs this year.
At the time of writing, gold is trading at US$3,433, after surging more than 30% for the year to date. Gold has significantly outperformed the S&P/ASX200 Index (ASX: XJO), which is down more than 5% for the year…
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