The price of gold has hit a series of record highs, as the precious metal has outpaced the S&P 500's gains in 2024. While gold could add shine to your portfolio, advisors caution against going all in.

Gold prices rose on Tuesday and hovered near a record high hit in the previous session amid uncertainties around the U.S. election, ongoing Middle East tensions, and expectations of central banks' interest rate cuts.

Gold was rising on Monday, on pace to potentially clinch another record high as the yellow metal continues its tear this year, according to Bespoke Investment Group. “It’s been an amazing year for gold,

Gold Prices Surge Amid U.S. Election Uncertainty Gold prices increased on Tuesday, hovering near a record high reached the previous day due to ongoing uncertainties surrounding the U.S. election and escalating