What Will Gold Prices Do In 2024. The union budget 2024 has unveiled a reduction in customs duties on key precious metals. Some notable financial institutions and experts are long on gold in 2024, starting with j.p.
Gold prices are expected to average $1,900 per troy ounce in 2024โ6 percent higher than in 2023, before retreating in 2025 as inflation and recession fears fade. As we step into the year 2024, it becomes crucial to delve deep into the factors influencing the price of this precious metal.