25 March 2024
In 2024, gold is expected to shine brightly, driven by three pivotal factors: anticipated interest rate cuts by the US Federal Reserve, a weakening US dollar, and ongoing geopolitical tensions. These elements are forecasted to sustain high gold prices, with expert predictions suggesting that the metal will not only remain above $1,950 per ounce but could also surpass the $2,500 mark. This optimistic outlook is supported by several research agencies, which have adjusted their price forecasts upward, indicating a robust period ahead for gold investors.