Gold Expected Price In 2024

Gold Expected Price In 2024. Gold prices are expected to average $1,900 per troy ounce in 2024—6 percent higher than in 2023, before retreating in 2025 as inflation and. Gold prices are expected to continue rising in 2024, with the prospect of reaching new highs in the second half of 2024 as central banks ease monetary policy and geopolitical.

The us consumer price index is forecast to rise 2.9% yoy in july, at a softer pace than june’s 3% increase. The gold price is influenced by factors like demand for electronics.