The latest CME data shows the price of gold futures at $2,340, with open interest climbing 3%. This participation spike can foreshadow breakout attempts if macro catalysts align. Historically, gold has shown extended up cycles and down cycles. The precious metal was in a growth phase from 2009 to 2011. It then trended down, failing to set a new high for nine years. Gold is often chosen by those seeking portfolio diversification and inflation protection. There are many accessible ways to invest in gold.
