Gold has been on a tear recently, with multiple catalysts pushing prices close to historical highs. Over the past six months, the price of gold has risen approximately 20%, to more than $2,000 per ounce. That’s within striking distance of gold’s all-time high of $2,075.
People have been preoccupied by gold for thousands of years, and it has served as a robust store of value since antiquity. Today, gold can generate impressive returns—but only when market conditions are optimal.
Some experts believe gold’s current rally is only just getting started. Others are more skeptical of gold’s potential to deliver more price gains.