News Analysis
Gold is the shining star of Wall Street these days, beating stocks amid geopolitical uncertainty, inflation, and a falling dollar.
Gold Shines Amid Uncertainty, Outpacing Stocks
Gold has also been a shining star on Main Street, with investors rushing to buy it in conventional retail stores such as Costco.
Three 1-kilogram gold bullion bars in the jewelry quarter in Birmingham, England, on Dec. 13, 2023. Christopher Furlong/Getty Images
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”
