Reported about 1 month ago
Gold futures surged to $2,706 per ounce, marking a significant rally in 2024, as demand from central banks and private investors remains strong. Year-to-date, gold has appreciated over 30%, outpacing the S&P 500, and Goldman Sachs has revised its price target for gold to $2,900 per ounce by early 2025 due to anticipated declines in short-term interest rates.
Source: YAHOO