Gold And Silver Forecast 2024. Considering these factors, goldman sachs predicts an average gold price of $2,133 per ounce in 2024. Physical gold issued a similar forecast.
We are forecasting a price increase to $30 by the end of 2024, which would bring the gold/silver ratio down to 72.” citigroup “citigroup analysts. We expect the gold:silver ratio to continue narrowing in 2024 as technology drives demand for industrial silver.
This Forecast Is Higher Than The Average Consensus Forecast.
Gaining just 2.2% this year as gold put on more than 13%, the silver price is widely forecast to rise again in 2024, but a global economic slowdown or recession.
Goldman Sachs Commodity Analysts Expect The Potential Upside Of The Gold Price To Be.
He said he sees silver trading between $20.50 and $26.76 an ounce and averaging 2024 around $22.50 an ounce.
The Ongoing Geopolitical Tensions, Expectations Of Rate Cuts And Concerns Over The Health Of Major Economies Are Likely To Support Gold Prices Going Ahead.
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Physical Gold Issued A Similar Forecast.
The silver price made waves in.
Dollar And Expectations The Fed Will Begin Lowering Rates.
This forecast is higher than the average consensus forecast.
Keith Neumeyer Of First Majestic Silver Has Said He Sees The White Metal Reaching Us$100 Per Ounce.
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