Known for its ability to hedge against inflation and economic turmoil, gold has captured a lot more investor attention lately. The precious metal has been breaking price records all year, reaching an all-time high of $2,672 per ounce in September.
With gold prices soaring, many wonder if this upward trend will continue. Could gold hit the $3,000 mark by the end of 2024?
We asked financial experts to weigh in on this golden question. Their insights might surprise you and help shape your investment strategy. As we explore the potential for gold to reach new heights, we’ll also look at smart ways to invest in this precious metal now.
Will the price of gold hit $3,000 in 2024?
Some industry experts say 2024 could see gold’s price reaching $3,000. Below, we explore two scenarios based on their insights.
Yes, gold could hit $3,000 in 2024
The price of gold per ounce could reach $3,000 in 2024, but certain conditions need to align.
