Gold investing
Gold Price Forecast 2024
Gold Price Forecast 2024
The outlook for the price of gold in 2024 is generally positive, with many analysts predicting an increase.
Here’s a breakdown of some predictions:
- Increase: Most experts expect gold prices to rise in 2024, potentially exceeding the historical high of $2,073 set in May 2024. Some even predict it could reach $2,300 or higher.
- Factors influencing the rise: Lower interest rates, a weaker US dollar, and central banks buying gold are seen as factors that could contribute to the increase.
- Uncertainty: It’s important to remember that gold prices can fluctuate significantly, and these are just predictions. Economic factors and global events can cause unexpected changes.
- Today: As I write this, the AM spot gold price is: $2,165.10, a new HIGH!
