Gold Forecast 2024 Egypt. Local gold prices in egypt have increased by over 12% since the hamas attack on israel on october 7, just about two weeks ago. Goldman sachs changed their forecast from $2,133 to $2,700 this year.
18 rows gold reserves in egypt increased to 126.30 tonnes in the first quarter of 2024. As part of the โ2024 precious metals forecast surveyโ commissioned by the london bullion market association (lbma), 25 analysts and precious metals experts from around the world were asked to quantify and elaborate their views on this yearโs development of the dollar gold price per ounce.
This Records An Increase From The Previous Figure Of 12,919.000 Kg For Dec 2021.
Goldman sachs commodity analysts expect the potential upside of the gold price to be closely tied to changes in us interest rates and dollar movements, leading them to raise.
As A Result, Consumption Reached The Peak Level Of $X.
By the second quarter of 2024, j.p.
Local Gold Prices In Egypt Have Increased By Over 12% Since The Hamas Attack On Israel On October 7, Just About Two Weeks Ago.
Images References :
This Forecast Takes Into Account Various Global Factors Influencing Gold Markets Worldwide And In Egypt In The Upcoming Year.
Gold forecast for next months and years.
Gold Price Predictions Are Based On Fed Official Forecasts, Which See Core Inflation Moderating To 2.4% In 2024 And 2.2% In 2025, Before Returning To The 2% Target In 2026.
Egypt gold reserves data is updated monthly, averaging 616.000 usd mn from dec 1956 to apr 2024, with 809 observations.
The Rates Are Updated Every Few Minutes And Are Updated More Frequently At Times Of Strong Price Moves Based On Live Spot Gold Price (Bid Price).