Will Gold Price Go Down In 2024. Gold prices have surged recently, and the world gold council's 2024 outlook suggests that economic conditions will continue supporting the precious metal's price in the. Some experts predict gold could rise to around $2,500 or even north of $2,600 per ounce, yet.
All 25 analysts agreed on the factors that will drive or slow down the performance of the precious metal this year: The price of gold is up nearly 30% year to date, analysts note โ outpacing the benchmark s&p 500โs roughly 20% gain since the start of 2024.
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