Name: Gold Prices Hit Record Highs…Again! Will The Rally Continue? | The Gold Spot
Uploaded: 2024-03-22T21:05:00+00:00
Duration: 3 min 25 s
Description: Gold prices have hit record highs roughly half a dozen times in March alone. The latest record for the yellow metal was set at just over $2,200 an ounce, marking a 10% gain from a month ago. A combina

1 month ago

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Gold prices have hit record highs roughly half a dozen times in March alone. The latest record for the yellow metal was set at just over $2,200 an ounce, marking a 10% gain from a month ago. A combination of spiking gold demand and de-dollarization has spurred this growth.

Institutional investors and central banks have been adding to their gold stockpiles in anticipation of deteriorating economic conditions. This surging demand has consistently pushed gold prices to higher highs.

Gold’s momentum to the upside has analysts increasing their gold forecasts for 2024. Bank of America, which is reluctant to promote gold, predicts a $2,400 an ounce, a significant jump from current prices.

Watch this week’s The Gold Spot to hear Scottsdale Bullion & Coin Precious Metals Advisor Brian Conneely and Precious Metals Advisor Joe Elkjer explain what’s behind gold’s surging value, why analysts expect the rally to continue, and why time’s running out to take advantage of lower prices.

📈 See Live Gold and Silver Spot Prices:
https://www.sbcgold.com/charts/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_03222024

🪙 Get Gold and Silver Coin Prices:
https://www.sbcgold.com/buy-gold-and-silver/coins/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_03222024

👉 Get Gold & Silver Bullion Bar Prices:
- https://www.sbcgold.com/buy-gold-and-silver/buy-gold-bars/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_yt_03222024
- https://www.sbcgold.com/buy-gold-and-silver/buy-silver-bars/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_03222024

⭐ @sbcgold Precious Metals Advisors in this The Gold Spot video:

👤 Brian Conneely: https://www.sbcgold.com/about/brian-conneely/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_03222024

👤 Joe Elkjer: https://www.sbcgold.com/about/joe-elkjer/?utm_source=rumble&utm_medium=video&utm_campaign=goldspot_rmbl_03222024

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