Gold price forecast 2024: Analyst Markus Bußler sees potential for $2,300 and more!

Gold price forecast 2024: Analyst Markus Bußler sees potential for $2,300 and more!

According to a report by www.deraktionaer.tv, the price of gold is expected to remain stable and could even close the year above $2,000. This lays the foundation for further price gains in the coming year and especially in the first quarter. There are also forecasts for the price of copper, precious metals and possible mergers in the industry.

Markus Bußler's forecasts for 2024 see a significant recovery in the copper price and copper stocks due to positive economic development in China. Investors should therefore keep an eye on the copper sector. Bußler is also optimistic about the precious metals themselves and predicts possible price gains. The price of gold could rise to $2,300 in 2024, which would also boost precious metal stocks. Potential mergers in the industry, such as the consolidation of Nevada by Barrick Gold, are also being discussed.

These forecasts could impact the market and the financial industry by increasing interest in commodities and precious metals and influencing stock prices in these sectors. Investors and financial professionals could use this information to rethink their investment strategies and focus on potentially lucrative areas of the market. However, it remains to be seen whether the forecasts will actually come true. It is therefore advisable to carefully monitor the market and developments in the industry.