LBMA Conference: Gold Price Set to Soar to $2,941 in Coming Year

16 October 2024

At the LBMA conference in Miami, delegates projected a 10.5% increase in gold prices over the next 12 months, alongside substantial gains for silver, platinum, and palladium. These predictions come amid a strong year for precious metals, with gold and silver already up 29% and 32% respectively in 2024, driven by factors such as Federal Reserve rate cuts and geopolitical tensions.

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