Outlook For Gold In 2024. These factors will continue to. Overall, the outlook for gold may be buoyed by the turning of three macroeconomic tides:
Gold prices are forecast to rise 6% in the next 12 months. Gold prices are expected to average $1,900 per troy ounce in 2024โ6 percent higher than in 2023, before retreating in 2025 as inflation and recession fears fade.
Real Yields Will Once Again Become.
What other factors will impact gold prices next year?
In Summary, Gold Was Supported In 2023 And Early 2024 By Both Inflation Hedging And Expectations Of Interest Rate Cuts, Among Other Factors (Such As Continued Physical.
The outlook in 2024 also suggests the.
Prices Have Fallen Back Somewhat But Gold Is Still Trading At $2,050 At The Time Of Writing And Is Still Historically Very Strong.
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These Factors Will Continue To.
Gold prices are expected to average $1,900 per troy ounce in 2024โ6 percent higher than in 2023, before retreating in 2025 as inflation and recession fears fade.
After A Slight Rise Towards The Later.
A neutral outlook suggests that gold prices may remain relatively stable throughout 2024, balancing both bullish and bearish forces.