An impressive 2 years for gold
The past 2 years have been impressive for gold. Whether due to trade war fears, geopolitical turmoil, recession problems, or a pandemic, gold is up 8 quarters in a row for the first time since the last great commodities bull market of the 2000s and early-2010s.
There have only been 3 other cases in which gold rallied 8 quarters in a row, and all 3 of them led to impressive gains for the precious metal in the year ahead: