In 2023, the price of gold experienced a dramatic increase, reaching unprecedented heights before undergoing a substantial drop, perplexing many bullish observers. During the 2023 Gold Market Outlook seminar and 2023 Gold Yearbook, CPM Group projected this price fluctuation.

In the 2024 Gold Market Outlook and Yearbook launch, CPM Group’s analysts reviewed the reasons behind these price movements, and what industry participants need to anticipate in 2024.

CPM Group also discusses many of the trends and indicators that CPM Group analysts will be following in 2024, Including:

• The continued war between Russia and Ukraine, and the increased friction between the US, Russia, and their allies.
• The continuing issues caused by inflation
• The Federal Reserve Interest Rate hikes, whether they will continue or taper off.
• Liquidity Reduction and market making capacity in the gold market
• The more intense use of gold exchange traded funds by bullion banks has continued Investor demand for both physical gold and gold derivatives
• Central Bank Gold Buying
• The impact of inaccurate and misleading information, statistics, and commentary on gold investment.

And Much More

Courtesy of the CPM Group