Post by
geezer21 on Dec 29, 2022 7:44am
Gold Is A Big Winner in 2022
2022 saw stock markets crash but gold outperformed is is closing out the year neutral which is a big win.
The S&P started out the year at 4,818 and has crashed to 3,783 as of yestereday, a 21.5 percent decline.
https://stockcharts.com/freecharts/gallery.html?%24SPX
Gold started out the year at about $1,825 and as of currently is at $1,813, essentially flat on the year.
https://stockcharts.com/freecharts/gallery.html?%24GOLD
Oil and gold were the top winners this year. As things get easy in 2023 expect gold and oil to soar.