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What is the gold outlook for the rest of 2024?

Coreena Robertson, The Market Online
0 Comments| July 4, 2024

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Peaking at more than US$2,400 an ounce in April and currently sitting above the US$2,300 mark, the gold case continues to shine. Will this precious metal continue its rise to glory as we enter the second half of the year? And how does gold stack up against a guaranteed investment certificate?

For these answers as well as insight into what is driving the demand, we went out to Border Gold in Surrey, British Columbia, and talked with managing director Robert Levy about the gold outlook for the rest of 2024.

Levy also touched on China’s recent gold play and how it affects the price of gold.

At the close Wednesday, gold was trading at US$2,358.53 an ounce.

For more trending gold stories, go to Stockhouse’s gold page. For additional information on increasing the gold in your portfolio, check out more conversations with Resource Maven’s Gwen Preston at VRIC and about where the gold growth in Canada is focused.

As well, check out three TSX gold companies that are up on the year.

Be sure to stay up to date on all the latest stock market news at Stockhouse.com.

Join the discussion: Find out what everybody’s saying about gold stocks and more by checking out Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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