📈 Gold Prices Soar in 2024, Doubling Pre-Pandemic Levels and Outperforming Commodity Benchmarks

As of October 2024, gold prices have surged to more than double their pre-pandemic levels, significantly outpacing key commodity indexes. Gold has outperformed the total commodity index by 61%, the energy commodity index by 66%, and the food commodity index by 58%. In October alone, the total commodity index rose by 2.3%, the energy commodity index by 2.4%, and the food commodity index by 1.4%.