In the latest analysis, Bloomberg senior analyst McGlone pointed out that gold is experiencing a "step up" and is expected to continue to climb. Click to read > >
The World Gold Council's Medium-Term Outlook 2024 report says gold is performing very well in 2024, up 12% year-on-year, outperforming most major asset classes. Looking ahead, the key question on investors' minds is whether gold's momentum can be sustained or is losing steam. Our analysis suggests that both the global economy and gold appear to be waiting for a catalyst, and for gold, we believe the catalyst could come from a decline in developed market interest rates, which has attracted invest...