Let’s cut right to the chase…
It’s the world’s most under-the-radar market move, and that’s a good thing.
In 2023, gold didn’t just perform; it dazzled…
Gold’s price hit a record high of nearly $2,150/ounce, later stabilizing around $2,050.
This peak, fuelled by factors like Middle East tensions, anticipated U.S. rate cuts, and a weaker dollar, confirms gold’s role as a reliable asset in uncertain markets.
Despite its significant rise, coverage remained minimal, mainly highlighted by gold enthusiasts.
Looking ahead to 2024, the impact of the global economic climate on gold remains a key focus.
The Spotlight’s Back on the Fed
Right now, most economists are predicting a modest recovery year for 2024, with most countries growing below their historical average GDP growth rates: