Gold Prices to Stay Strong Through 2024, Some Say $3,000 is a Stretch Gold’s surge to record highs is expected to continue throughout 2024, fueled by central bank purchases, particularly from China, along with geopolitical tensions and economic uncertainties. Despite the strong fundamentals supporting gold, analysts believe reaching $3,000 per ounce is unlikely. Currently, spot gold trades around $2,300 per ounce after hitting a record $2,449.89 on May 20, with expectations of reaching $2,600-$2,700 by year’s end. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts U.S. Banks Face Dual Challenges: Weakening Loan Quality and Declining Interest Payments READ MORE High Prices Dampen Gold Demand at India's Akshaya Tritiya Festival READ MORE Venezuela's Gold Reserves Plunge Over 11% Amid Economic Challenges READ MORE Central Banks Hedge Against the Dollar, Turning to Gold in a Strategic Shift READ MORE Facing Facts: ‘Cautiously Bullish’ on Gold in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment