Gold is making headlines in 2024, as the spot price of gold hit several record milestones in March, April and May. Most notably, gold’s price peaked at a record $2,435 per ounce on May 20. The price of gold then adjusted slightly, but subsequently hit yet another record price this week when it climbed above $2,472 per ounce. Today’s gold price (as of July 18, 2024) is just slightly lower at about $2,468 per ounce.

Not surprisingly, gold’s strong performance has generated considerable interest…