Will Gold Price Go Down In 2024 Usd. The precious metal has increased more than 20% this year, peaking at a record of more than $2,500 per troy ounce. The series is deflated using the headline consumer price index (cpi) with the most recent month as the base.
In the xau/usd price forecast 2024, our analyst, eren sengezer, notes that gold carries its bullish potential into early 2024 on prospects of a looser fed policy, lower us bond. Some periods of weakness with gold price pullbacks may be expected.