JOHANNESBURG - Gold has recently surged to unprecedented levels, hitting a record high of 2,450 dollars per ounce in May this year.
This surge marks a year-to-date return of 13-percent and an impressive 19.5-percent over the past 12 months, signaling a period of robust growth for the precious metal.
Senior Investment Analyst at Morningstar SA, Michael Kruger, discussed this with eNCA.