Precious metals haven’t basked in glory days since 2011, over a full decade ago. Earlier this year, due to the Ukraine war, gold had a brief day in the sun, but it has tumbled about 15% in the past four months. Precious metals seem to be good for just one thing, and that is to disappoint investors. Our present days would seem to be made custom-created for gold’s prosperity, but the price action says otherwise.

