Gold price forecast 2024 if the Fed pauses or cuts rates sooner

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. Of course, there doesn't necessarily need to be a tidy explanation for the simultaneous stock and gold surge. Equity investors may simply be bullish on AI — after all, the earnings that top tech firms are bringing in are impressive, to say the least. So could gold reach $4,000 in 2025? While it’s not guaranteed, some analysts believe market momentum and macroeconomic factors (central bank buying, recession concerns and geopolitical uncertainty) support a $4,000 gold price as a credible possibility. The volatility index in commodities has eased slightly, which could allow for a gradual appreciation under the current gold price forecast 2024 scenarios.