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 Gold Prices Forecasted to Reach $2,500 in 2024, UBS Says READ MORE Japan Spends $59 Billion in Market Moves to Bolster Yen Amid Economic Woes READ MORE Gold Prices Soar to New Heights Defying Critics READ MORE Economic Confidence at Odds: Strong Indicators vs. American Pessimism READ MORE Gold Poised for Stellar Rise Amid Central Bank Buying and Fed Rate Cuts READ MORE Add a Comment Cancel replyYour email address will not be published.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