As we look toward 2024, the gold markets could be INTRESTING

Dec 18, 2023

The Federal Reserve will be front and center when it comes to the gold markets this upcoming year. The gold markets will continue to see a lot of volatility, but I think at this point in time, the Federal Reserve’s suggestion that it is going to cut interest rates during the year will continue to put upward pressure on the gold market. That being said, it does not necessarily mean the gold will go straight up in the air but it’s obvious that the bond market will have a huge part to play in this market. After all, the markets will continue to take their cues off of whether or not you get paid to hold bonds. That is a market that will continue to see lower yields for 2024, and therefore it does make more sense to hold gold.