What Was the Gold Rate in 2012?

The price of gold blasted 4.2% ($66) higher on back in June of 2012 to kick off the new month, closing at $1,626.

Because silver has more industrial characteristics than gold, silver typically underperforms gold on days when economic concerns drive stocks down. Gold doesn't always do well on bad days for stocks, either. But the diversification benefits gold provides investors can suddenly hit home on days like it did back in 2012.



Full article here:
https://www.moneymetals.com/news/2012/06/04/gold-breaking-out-now-000315