Gold Is Having a Red Letter Year
March 03, 2016 at 15:07 PM EST
After an apathetic performance in 2015, gold is off to a spectacular start this year. It’s up nearly 17% year-to-date despite the U.S. dollar stubbornly remaining strong. Goldbugs everywhere are celebrating gold’s sudden revival as it hit a one-year high of $1,260, and it’s still looking strong. In fact, all the evidence points to the rally building up momentum.