Stock markets have roared back to life since bottoming in March, but even with their stellar recovery, equities are no match for the best-performing major asset of the year: gold.
The yellow metal is up 27 per cent this year, sharply outperforming key stock and fixed-income indexes like the S&P 500 (+11 per cent) and the Bloomberg Barclays Global Aggregate (+6.2 per cent).
Already a subscriber? Log in
Read the full story and more at $9.90/month
Get exclusive reports and insights with more than 500 subscriber-only articles every month
ST One Digital
$9.90/month
No contract
ST app access on 1 mobile device
Unlock these benefits
All subscriber-only content on ST app and straitstimes.com
Easy access any time via ST app on 1 mobile device
E-paper with 2-week archive so you won't miss out on content that matters to you