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Gold at $3,000 in 2024?
11.9.23 - Gold at $3,000 in 2024?
Gold last traded at $1,958 an ounce. Silver at $22.62 an ounce.
Gold Prices Forecasted To Reach $3,000 in 2024 -Watcher.guru
Gold prices surged immensely since last month due to the ongoing conflict in the Middle East between Israel and Palestine. The price of gold climbed double digits in two weeks spiking up to 12% in the charts. Gold went from a low of $1,815 and touched a high of $1,968 this week and is now hovering around $1,946 on Thursday. Investors are pouring into gold as its seen as a safe haven compared to other investments during a conflict.
The precious metal holds strong when the stock markets tank due to wars and other global conflicts. However, the mounting fears of an escalation in the Middle East indicate that gold prices could spike further. In this article, we will provide a price prediction for gold for the next year in 2024.
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