Gold to Hit $2200 in 2024, Wells Fargo Joins Bullish Forecast Wells Fargo has added its voice to the chorus of experts forecasting a dramatic rise in gold prices, anticipating the precious metal to reach $2200 by 2024. This bullish prediction comes amidst a period of remarkable volatility and recent gains in the gold market. A significant factor influencing this upward trajectory is the anticipated series of interest rate cuts by the Federal Reserve in the upcoming year, a move that is expected to bolster gold’s performance. The metal has already showcased its strength, having soared to an all-time high earlier in the month and briefly surpassing $2093, before settling at $2077. This forecast from Wells Fargo aligns with a growing consensus among financial analysts who see gold maintaining its momentum as one of the top investment assets, especially with the looming rate cuts by the Federal Reserve. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Are Gold ETFs Backed By Physical Gold? READ MORE Fed Chair Powell Stresses Patience on Rate Cuts Amid Inflation Battle READ MORE China's Top Banks Launch $8.3 Billion Bond Sale to Boost Capital Reserves READ MORE Florida Real Estate Falls As Homebuyers Deterred by Higher Insurance Costs READ MORE Fidelity's Macro Guru Sees Bitcoin Reaching $6 Trillion Valuation READ MORE Add a Comment Cancel replyYour email address will not be published.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