You heard it here first. Gold will be the best performing asset of 2024, bar none. That means now is the time to take action to add additional gold to your portfolio.
In the latest precious metals outlook for 2024, Heraeus Precious Metals says that it expects gold to outpace other asset classes through the year. Gold will ride a wave of safe-haven appeal, with a recession likely to inflict some economic pain, and gain additional momentum from an ongoing central bank buying spree.
Writing in the report, analysts say gold is shaping up to perform better than ever. “The fact that non-yielding bullion has performed this well despite what have historically been strong headwinds will provide a set-up for new all-time highs in 2024 as the case for the loosening of monetary policy builds,” they explained.
Don’t wait for those new price highs. Buy gold now.
