29 July 2024
Heraeus presents a bullish outlook for gold based on four key factors: the potential for a Trump presidency, expectations of a weaker dollar under a Republican administration, growing but not yet saturated speculative positions, and room for increased gold investment.
These factors, including political uncertainty, reinflationary policies, and anticipated interest rate cuts, are seen as potential drivers for higher gold prices in the latter half of 2024.
The analysis suggests that while gold investment has increased, there’s still significant potential for growth, particularly if momentum shifts from Eastern to Western markets.