All That Glitters: Mideast Tumult Pushes Gold Near 7-Year Highs

Anyone who doubted whether gold was poised to stage an encore after 2019's blockbuster performance is 4% worth of wrong, and we're only three trading days into the new year. Carefully-polished, shiny inflation hedges tacked on 1.7% Monday as the safe-haven bid precipitated by the assassination of Iran's most revered general gave the metal another boost, pushing prices to the highest in more than six years. Goldman is excited. “History shows that under most outcomes gold will likely rally to