LONDON, 19 July 2024 – Analysis from BullionVault features today on UK personal finance site The Armchair Trader, looking at the prospects for gold prices in the 2nd half of 2024.
"Like stocks and bonds, gold just seems to want to go higher, and potentially for the same reason," says the report, pointing to market-wide expectations that central banks led by the US Fed are going to cut interest rates.
But more unique to gold, geopolitics are driving prices higher as central banks and investors seek a 'safe haven' notes BullionVault.
Read the full story at The Armchair Trader here:
Source:
The Armchair Trader
