Gold Beats the S&P 500 YTD but Risks Abound for the Safe-Haven Asset

As volatility ravages the stock market, it is no surprise that demand for safe-haven assets is soaring. The controversial godfather of defensive assets, gold, has outperformed the S&P 500 year-to-date, and it’s undoubtedly no coincidence. Traditional anti-equity plays like the Japanese yen, Swiss franc, and government bonds are also in multi-week bull trends while bitcoin […]

The post Gold Beats the S&P 500 YTD but Risks Abound for the Safe-Haven Asset appeared first on CCN Markets

Source: https://www.ccn.com/news/gold-beats-the-s%26p-500-ytd-but-risks-are-rising-for-the-precious-metal/2019/08/07/

Stay up to date

on all important crypto news!

The most important news, once a week. No spam.