Gold Stock Forecast 2024. As we step into the year 2024, it becomes crucial to delve deep into the factors influencing the price of this precious metal. South africa's harmony gold on tuesday raised its gold output forecast for the year to june 2024 by nearly 5% due mainly to higher metal grades, which will also boost earnings per ton of ore.
They also expect trading to regularly test and breach $2,500 per ounce in the latter part of 2024. But keep in mind that this is an educated guess.
Based On What Our Experts And Sources Tell Us, The Price Of Gold Could Increase In 2024, Hitting Around $2,100 Per Ounce By The Time We Ring In 2025.
Finally, the ai also sees a slight possibility that gold’s current slump could deepen and could, in one month’s time, find itself at $2,150.
But Keep In Mind That This Is An Educated Guess.
Our forecast for gold stock price in 2024 now indicates an average price target of $665.12 with a high forecast of $1,313.84 and a low forecast of $16.40.
The Gold April 2024 Mcx Futures Were Trading At Rs.70899.0 Per 10 Gm Up By 1.012% At The Time Of Publishing.
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May 1, 2024 (08:23) Sector:
Our forecast for gold stock price in 2024 now indicates an average price target of $665.12 with a high forecast of $1,313.84 and a low forecast of $16.40.
China, The World’s Biggest Producer And Consumer Of The Precious Metal, Is Front And Center.
+0.61% gold prices charged to a fresh record high on monday, with ubs bumping up its forecasts for the precious metal and predicting retail buying will be the next catalyst.
