Gold has emerged as a standout performer in 2024, boasting a 28.7% year-to-date return and narrowly outpacing the S&P 500’s 26.6% gain. This impressive rally follows a modest 9% increase between 2021 and 2023, marking a significant turnaround for the precious metal. The article explores factors influencing gold prices, its role in diversified portfolios, and various investment options, while also comparing gold’s performance to the S&P 500 across different currencies and time frames.