Gold Price 2024 Forecasting. Or 21.23% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this. Gold soared 27% from $1,517 in january 2020 to more than $2,000 by the summer of 2020, another fresh record high for the yellow metal.
This prediction assumes a fed cutting cycle commencing in november 2024, pushing gold prices to new nominal highs. Today was the 30th day after the second top.