Gold Breaks $2,500/oz! What’s Next? | The Gold Spot

Gold prices recently surged to $2,500/oz, surpassing a crucial psychological barrier and aligning with Wall Street's 2024 price predictions.

Several factors drive this rise: Federal Reserve rate cuts, escalating geopolitical instability, record-breaking central bank gold purchases, and increased retail demand, particularly from China.

As these forces continue to support gold's upward momentum, experts are raising their price forecasts, indicating that the gold rally is far from over. Given gold's recent rally, many investors entering that precious metals market are unprepared.

In this week’s The Gold Spot, Scottsdale Bullion & Coin Precious Metal Todd Graf explain the significance of gold’s recent milestone and why gold prices are expected to jump much higher soon. Watch now!