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 SocGen Identifies 3 Key Indicators of Approaching U.S. Recession READ MORE ECB Rate Cut Hopes Diminish Amid Strong Economic Data READ MORE Bank of China Uses Digital Yuan for Cross-Border Settlement READ MORE Four Tech Titans Propel Stock Market to New Highs on AI Hopes READ MORE BullionStar: Buy and Store Gold & Silver Bullion Bars & Coins in the United States READ MORE Add a Comment Cancel replyYour email address will not be published.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