Will Gold Price Go Down In 2024

Will Gold Price Go Down In 2024. At the start of january 2024, 22k of 100 grams of gold price was at rs 58,550, and has risen by 21.52% compared to the price of rs 71,150 recorded on november 30, 2024. Morgan has upgraded its gold price targets for this year and 2025.

A combination of geopolitical tensions and continued central bank buying should see gold demand remain resilient next year, according to the world gold council. While the price has moderated a bit since that point — the current price of gold (as of august 12, 2024) is $2,441 per ounce — gold’s price is still up by over $500 per ounce.