Reported 7 months ago
Experts anticipate that the gold rally will persist in the second half of 2024 due to factors like monetary easing and geopolitical tensions, with spot gold currently around $2,300 per ounce. Central bank purchases, especially by China, are driving the surge, although the $3,000 level may be challenging to achieve. Silver is also performing well supported by gold's strength and industrial demand, with India's silver imports already surpassing 2023 levels.
Source: YAHOO