Reported 3 days ago
In 2024, gold has achieved a notable 27% increase, becoming one of the standout performers in a mixed year for metal markets, driven by US monetary easing, geopolitical tensions, and substantial central bank purchases. While gold has seen a slight decline since the US presidential election, its gains have outpaced most commodities, with base metals experiencing varied results and iron ore facing significant challenges. The uncertain US monetary policy and China's economic recovery efforts are key concerns as investors look forward to 2025.
Source: YAHOO