According to a report by the World Gold Council published on December 13, gold is on track for its strongest annual performance in more than a decade, with prices rising 28% year-to-date through November 2024. This surge has been fueled primarily by robust central bank purchases and heightened investor demand.
Looking towards 2025, the outlook for gold is shaped by a complex interplay of interest rates, economic growth, and global risks. The US Federal Reserve is expected to implement 100 basis points of rate cuts by year-end, and European central banks may follow suit with similar...
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