[VIDEO] Will the price of gold continue to rise? Expert forecasts for 2024
The price of gold, especially in recent years, has shown a steady upward trend, which once again confirms the reliability of the precious metal as an instrument of Financial Security. This is explained, in part, by high investment demand: against the backdrop of the active interest of global central banks, this figure increased by 56% compared to 2022. Regulators are increasingly replenishing their gold reserves.
Demand for gold is also growing among individuals: in 2023 in the United States it increased by 5%, in China by 27%, and in Türkiye by 88%. This highlights the attractiveness of the precious metal as a financial asset.
Experts believe that gold price dynamics indicate the potential for further growth, especially in uncertain times. Forecasts for 2024 were announced by the head of the research department of the World Gold Council, Juan Carlos Artigas.
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