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Bridgewater’s Main Macro Fund Surges 11.3% Amid Market Swings

(Bloomberg) -- Bridgewater Associates’ flagship hedge fund jumped 11.3% this year through last week, benefiting from market swings set off by President Donald Trump’s trade wars. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsThe gains in Bridgewater’s

Gold prices are soaring. Is it a good investment amid the stock selloff?

President Donald Trump’s tariffs sent stocks tumbling in recent weeks, but the uncertainty helped propel a different asset viewed as a safe haven: gold. The price of gold topped $3,000 per ounce for the first time ever last week, and the precious metal continued to hover around that mark in early trading on Monday. Gold prices have soared 12% so far this year, while the S&P 500 has plummeted nearly 7%.