Gold price forecast 2024 seasonal trends historically show

Seasonal trends historically show stronger gold demand in Q1 and Q “The anticipated volatility over the next two weeks may present opportunities for investors who can read the market well, but it also warns against chasing rallies without disciplined risk management strategies. Uptober may indeed bring historic gains, but the success of these expectations will depend on a combination of technical factors, institutional flows, and a calm U.S. political landscape. Until this picture becomes clearer, cautious optimism remains the most prudent approach for anyone watching the next move of [bitcoin].” Goldman Sachs Research’s gold price prediction 2025 If the Fed pauses or cuts rates sooner than expected, the gold price forecast 2024 could edge higher than current consensus, challenging the $2,250–$2,300 resistance zone.