Gold investing has surged in popularity, reaching record highs in 2024. This article explores the interplay of supply and demand in driving gold prices, drawing insights from market experts. It examines key factors influencing both sides, such as mining production, central bank activity, and economic uncertainty. The piece offers practical advice for investors, emphasizing strategies like dollar-cost averaging and monitoring demand signals for informed decision-making.
Gold investing has become increasingly popular in recent years. In 2024, we saw the price of gold surpass $2,700 per ounce as central banks stockpiled reserves and investors sought safety from market volatility. Whether you're new to investing or prioritizing portfolio diversification, understanding what drives gold prices could help you better decide when — and how much — to invest in this precious metal.
Gold demand factors to watch forDemand's impact on gold prices can be sudden and dramatic, causing major swings in a short amount of time. When forecasting gold price movements, watch these three demand factors closely:Investment flows: ETF investments hit a turning point in Q3 of 2024, with inflows reaching 95 tonnes and doubling year-over-year demand to 364 tonnes.
GOLD PRICES SUPPLY DEMAND INVESTING MARKET TRENDS
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Spanish Mountain Gold Advances Renewable Power Supply for 'Greenest' Gold Mine in CanadaSpanish Mountain Gold Ltd. (SMG) has completed Stage 1 of its System Impact Study (SIS) with BC Hydro, paving the way for the delivery of 60 MW of renewable hydroelectric power to its flagship Spanish Mountain Gold Project in British Columbia, Canada. This marks a significant step towards securing a clean and sustainable energy source for the project, enabling advancements in electrification, mineral processing, and waste management practices. SMG's commitment to responsible mining is further emphasized through its ongoing Whittle Enterprise Optimization and dedication to community and Indigenous relations.
Read more »
Gold Stocks: A Potential Outperformance Opportunity in 2024This article discusses the potential for gold and gold stocks to outperform in 2024 amidst market uncertainty. It analyzes the performance of GLD and GDX, highlighting the underperformance of gold stocks compared to gold. The article suggests that a 'catch up' trade could be in play, with gold stocks closing the gap with stronger gold prices. It also identifies Kinross Gold Corp. (KGC) as a top performer within the gold space.
Read more »
Calibre Delivers Record Q4 Gold Production, Valentine Mine on Track for First Gold in 2025Calibre Mining Corp. announces record fourth-quarter gold production of 76,269 ounces, exceeding full-year guidance. The company also provides an update on the Valentine Gold Mine in Canada, stating that it remains on track to produce first gold in the second quarter of 2025. Exploration activities at Valentine have yielded significant gold mineralization, prompting the addition of more drill rigs in 2025.
Read more »
Equinox Gold Sets Record for Gold Production in 2024Equinox Gold Corp. achieved record-breaking gold production in 2024, exceeding previous highs. The company attributed its success to the Greenstone mine.
Read more »
White Gold Corp. Reports Significant Increase in Mineral Resources at White Gold ProjectWhite Gold Corp. announces a technical report outlining a substantial increase in mineral resources at its flagship White Gold Project in Yukon, Canada. The report, prepared by Dr. Gilles Arseneau, P.Geo., reveals a total of 1,203,000 ounces of gold in the indicated category and 1,116,600 ounces in the inferred category.
Read more »
Gold Entrapment: How Earth's Vulcanoes Drive Gold to the SurfaceScientists have uncovered the mystery behind gold's journey from Earth's mantle to the surface. A specific type of sulfur, under extreme pressure and temperature, acts as a catalyst, enabling gold to bond and be transported by volcanic activity. Subduction zones, where tectonic plates collide, are key areas for this process, explaining the concentration of gold deposits near volcanoes.
Read more »