Market Analysts Forecast Gold to $2,600 Florian Grummes from Midas Touch Consulting believes gold’s price could reach $2,535 per ounce by summer 2024. This forecast follows gold ending a 13-year correction, with its price previously fluctuating between $1,900 and $2,075 an ounce. Despite potential short-term pullbacks, Grummes views any dips as buying opportunities, attributing the rally to strong demand from Chinese investors and central bank purchases, alongside a favorable macroeconomic environment for gold. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Dollar's Decline Fuels Gold's Advance; All Eyes on U.S. Economic Data READ MORE Fed's Waller Confirms: U.S. Dollar to Retain Its Global Reserve Currency Status READ MORE Gold Edges Higher as Markets Price in 93% Chance of September Fed Rate Cut READ MORE Gold's Price Peak Sparks Investor Debate READ MORE Goldman still bullish on gold, China underpinning demand outlook By Investing.com READ MORE Add a Comment Cancel replyYour email address will not be published.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