Forecasting the Sharp Rally of XAU/USD and Its Impact on Gold Buying in 2024

Wednesday, 27 March 2024, 10:46

The forecast for the gold price in 2024 indicates a sharp rally in XAU/USD, which could potentially impact discretionary gold buying. Despite the strong resilience of physical gold demand to higher prices observed since 2021, the forecast suggests a shift in the buying trend due to the predicted rally.
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Forecasting the Sharp Rally of XAU/USD and Its Impact on Gold Buying in 2024

Gold Price Forecast 2024

The forecast for the gold price in 2024 indicates a sharp rally in XAU/USD, potentially impacting discretionary gold buying decisions.

Resilient Demand

Physical gold demand has shown resilience to higher prices since 2021, but the forecasted rally might temper this trend.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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