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The Fed meeting “reinforced the market’s ... Goldman Sachs analysts upgraded their average gold price forecast for 2024 from $2,090 to $2,180 per ounce, targeting a move to $2,300 by the end ...
With inflation still well above the Federal Reserve’s target of 2%, many experts predict a big year for gold in 2024. Gold is in hot demand as an investment, a status symbol and a key component ...
Wall Street analysts expect gold's rally to keep going in 2025 after the precious metal saw its biggest annual jump in 14 years. On Thursday, gold futures jumped more than 1% to hover above $2,670 ...
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At the beginning of 2024, gold was trading at approximately $2,043 per ounce. As of this writing, it has risen to just over $2,340 per ounce, marking a gain of greater than 14% in under six months.
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Gold is up roughly 6% year to date after gaining over 27% in 2024 on strong demand from foreign central banks and inflows into physically backed gold exchange-traded funds (ETFs).
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