Chart of the Day – July 2, 2020

By: Chris Wenner in Charts 07/06/2020

Gold has quietly been making moves towards its all-time-high of $1921.  It hit this level in late-2011.  Since then, the spot price of gold made a bottom near $1040 in late-2015, and has steadily risen since.  It’s up 17.6% year-to-date.

Gold’s chart looks great – as does them chart for oil & a few other commodities (mentioned this last week).

CW

 

By: Chris Wenner

Managing Director

Jonathan Molchan

Wennco's innovative strategies and robust OCIO capabilities are designed for RIAs, Family Offices, and high-net-worth individuals.

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