All that glitters is...

Gold is at a fresh record high of US$2,081.30 per ounce at the time of writing and investors are now probably wondering whether the yellow metal can continue its momentum at a time where everything else is in a bull market, especially equities and fixed income.

GLOVE stocks? No, no, this is not another article on the glove mania that is sweeping the market like how the Dutch tulips first experienced a speculative bubble 400 years ago. This week’s article is about the real thing that glitters, gold. Of course, some would argue that glove stocks too are actually like gold due to their spectacular run year-to-date.

Gold is at a fresh record high of US$2,081.30 per ounce at the time of writing and investors are now probably wondering whether the yellow metal can continue its momentum at a time where everything else is in a bull market, especially equities and fixed income.