Gold investing in mid-2024 benefits from strong central bank purchases, with China and Turkey expanding holdings. Analysts report this activity underpins price stability above $2,300, despite mild fluctuations in the USD real effective exchange rate. Where Will Bitcoin Be in 10 Years? was originally published by The Motley Fool "Persistent inflation, geopolitical instability, and concerns about fiscal sustainability create conditions that make gold an attractive asset across investor types," says Joseph Cavatoni, senior market strategist at World Gold Council. "Consistent returns, the right kinds of diversification and material liquidity are often appealing for an additional asset in a diversified portfolio." Short-term technical charts show gold consolidating in a $2,325–$2,355 range, with RSI levels pointing toward continued buying momentum. Gold investing remains firm on expectations that real rates will trend lower.