30 September 2024
Gold prices have surged to record highs in 2024, outpacing the S&P 500’s gains. This rally is driven by central bank demand, geopolitical tensions, and expectations of interest rate cuts. The Federal Reserve’s recent rate reduction and China’s economic stimulus measures have further boosted gold’s appeal. While some view this as a sign of economic uncertainty, others see it as an opportunity for continued growth in the precious metals market.