Gold Surpasses Tech Stocks as Wall Street's Top Trade Amid Market Turmoil

Reported 2 days ago

Gold has overtaken tech stocks as the most popular investment on Wall Street, reaching an all-time high of over $3,350. This shift comes as the MAG 7 stocks experience significant declines, with many down by double digits this year. A survey indicates that a considerable portion of fund managers believe gold will be the leading asset for 2025, reflecting growing concerns about US economic exceptionalism.

Source: YAHOO

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