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Apr 23, 2024 · The price of 10 gram 999 gold is set to touch Rs 74,000 as it reached to Rs 73477 on 18 April 2024 as per the data from India Bullion and Jewellers Association (IBJA). It took more than 9 years for gold to nearly triple and reach this level; the price was Rs 24,740 in 2015.
Goldman Sachs forecasts a 2024 average gold price of $2,133 per ounce, citing its role as a safe-haven asset amid rising uncertainties like banking stress and a probable US recession, fueling market fear.
Jul 15, 2024 · Gold prices are expected to climb to $2,500/oz by the end of 2024, according to J.P. Morgan Research estimates. This prediction assumes a Fed cutting cycle commencing in November 2024, pushing gold prices to new nominal highs.
Nov 6, 2024 · Explore gold price forecasts for 2024. Will gold rates decrease or rise? Get expert predictions, key factors, and insights into the future of gold pricing with Bajaj Finance.
4 days ago · Updated every Monday am. Last Updated: October 22, 2024. Gold Forecast Short Term. Bullish. Price Drivers for next 6 weeks: Dollar, elections, Federal Reserve policy. Gold Forecast 1 Year. Bullish: $3,200. Medium-term price drivers: US dollar, bear market in stocks and recession, investor sentiment. Gold Forecast 3 Years. Bullish: $4,825.
As interest rates start to fall, prices could hit fresh records in 2024. JP Morgan has an average price target of $2,175 per ounce for bullion in the final quarter of 2024. Gold’s price forecast for Q1 2024 at Bloomberg Terminal is between $1,913.63-$2,224.22.
The precious metal has increased more than 20% this year, peaking at a record of more than $2,500 per troy ounce. Goldman Sachs Research forecasts the price will reach $2,700 by early next year, buoyed by interest rate cuts by the Federal Reserve and gold purchases by emerging market central banks.
Sep 19, 2024 · The current gold price on 7/12/2023 is trading steadily in the range of $2,020 - $2,030 per ounce. After a strong increase and reaching a peak of $2,150 on 4/12, the gold price has adjusted strongly on the same day and is now only fluctuating around the level of $2,000 to $2,040.
Dec 28, 2023 · Our outlook for gold prices in 2024 – 2026 is based on the possible outcomes of economic policies, geopolitical tensions, and currency dynamics. In this analysis, we delve into critical factors that will exert a profound influence on gold's price structure over the next three years.
In the XAU/USD Price Forecast 2024, our analyst, Eren Sengezer, notes that Gold carries its bullish potential into early 2024 on prospects of a looser Fed policy, lower US bond yields and...
