Gold price forecast 2024 in the gold price forecast 2024 outlook

In the gold price forecast 2024 outlook, demand from emerging economies is expected to remain strong. Supply-side constraints and steady jewelry demand in India and China could underpin bullion resilience. “In the other camp are those who feel that the bull cycle which began back in November 2023 has come to an end as it hit their target of $125,000. Right now the price action suggests that they are winning this debate.” See the full archive of Adrian Ash articles on GoldNews. Institutional forecasts for gold price forecast 2024 project sustained central bank purchases, particularly from Asia, as part of currency reserve diversification strategies.