Gold News – 24.Dec.2024
Gold News
Gold remains up 28% year-to-date, outperforming the S&P 500’s 25% gain, as it hovers around $2,620 per ounce. This stellar performance has been driven by aggressive Federal Reserve rate cuts, geopolitical tensions, and inflation concerns.
Market players are now looking ahead to 2025, with mixed expectations following the Fed’s recent guidance. While higher rates could weigh on gold’s appeal, many anticipate significant market shifts in the coming year. A quieter holiday week is expected, but with the potential for surprises in 2024’s financial landscape.
Author : Arman Shaban
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