The rise of global gold in 2024; The price of gold increased by 27%

reported by Mehr Reporter With a 27% gain on the back of US monetary easing, persistent geopolitical risks and a wave of central bank buying, gold is on track for one of its biggest annual gains this century and its biggest gain in 14 years. It will record the past did.

While bullion prices have fallen since Donald Trump won the US presidential election in November, their gains over 2024 are still higher than other commodities. Metals have experienced different paths this year, with iron ore falling and lithium struggling.

For 2025, investors are focused on uncertainty about US monetary policy, possible problems from the Trump presidency and China’s efforts to revive growth.

Gold’s strong gains this year, which have seen the metal set consecutive records, may signal a possible shift in market dynamics, given that despite a strengthening dollar America and rising real Treasury yields, both of which are usually headwinds, have occurred. Other metals have largely suffered due to the prolonged slowdown in China’s economy.

Gold prices remained largely unchanged in the last trading session of 2024 as traders avoided major trades ahead of the release of key economic data ahead.

With new catalysts ahead, including this week’s U.S. economic reports, market participants will be looking for signs that the Fed’s interest rate outlook for 2025 as well as the policies of President Donald Trump shape the future president.