Gold Market Forecast: Buy or Sell as on 24th July 2024
Gold is trading at approximately $2,367 per ounce. Despite recent minor declines, it has risen by nearly 20% over the past year (GoldSilver) (Kitco). Economic Indicators: The recent decrease in U.S. durable goods orders and stronger-than-expected jobless claims indicate potential economic weakness, traditionally boosting gold as a safe-haven asset (Kitco). This economic softness supports a
