Gold Soars in August to Best S&P 500 YTD

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Gold Climbs 18.55% YTD as Trade War Worsens

August was notably eventful for gold bullion. Gold added $110 in August to close the month at $1,524, gaining 7.8%. YTD gold is up 18.6%, ahead of the S&P 500 Index’s rise of 15.34%. Gold equities have impressed even more, climbing 46.4% YTD as measured by Sprott Gold Miners ETF (SGDM).

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