Gold has proven to be a smart investment overall this year, with the price of the precious metal rising steadily since the start of 2024. Not only has gold's price hit several price milestones so far this year, but it has also demonstrated significant growth in value. For example, on January 1, gold was priced at $2,063.73 per ounce. Today, that price is sitting at an impressive $2,519.38 per ounce.
In turn, you could benefit from identifying and investing in gold stocks for companies at the forefront of this technological revolution this fall. Many of these firms are poised to see improved operational efficiencies, reduced costs and potentially higher profit margins – which could happen even if gold prices were to stabilize or experience modest growth.
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