Gold just hit ,000 an ounce — but that’s not necessarily a good sign – NBC News

Gold just hit $2,000 an ounce — but that’s not necessarily a good sign – NBC News

The price of an ounce of gold, which has already smashed through one record after another, recently hit $2,000 — a milestone that experts say could reveal a lack of confidence in the soaring stock market.

“Gold has become the safe haven of choice,” said Matthew Miller, an equity analyst at CFRA Research with a focus on metals and mining. “A lot of the stock market gains this year have just…

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