Will Gold Drop In 2024

Will Gold Drop In 2024. Gold price forecast for spring 2024: Goldman sachs commodity analysts expect the potential upside of the gold price to be closely tied to changes in us interest rates and dollar movements, leading them to raise the gold price target for 2024 to $2,050 an ounce.

Bullion has jumped about 21% in 2024, while the s&p 500 has climbed 16%. This cut is anticipated to lead to lower prices across all three metals.