After testing investor patience for an extended period, gold has finally surged higher. Currently, the precious metal trades at all-time highs of $2,350 an ounce.
In recent days, the price of gold has risen above $2,300 per ounce for the first time, hitting an all-time high in the process. Spot gold is currently trading at a record high of $2,356.50 an ounce, so it makes sense that precious metals investors are turning their attention to gold stocks.
Copper stocks have continued to rally in 2024. According to the International Energy Agency, the global demand for copper will double over the next two decades as the world marches towards electrification and sustainable energy solutions.
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