Gold’s first-quarter performance this year was its best in nearly three decades, as its 17% gain made it one of the best performing commodities after outperforming other major stock, bond and commodity indices.
Buoyed by market uncertainty and expansionary monetary policies, and combined with an analysis of previous bull-bear cycles, the World Gold Council (WGC) reported in its latest market update entitled ‘Gold Outshine the market in Q1 2016,’ that gold might be entering a new bull market.
