The rally in gold continues with prices hitting an all-time high on Thursday — and there is room for it to rise further as central banks continue to purchase bullion in record amounts. prices could rise to $2.300 per ounce in the second half of 2024, especially against the backdrop of expectations that the U.S. Federal Reserve could cut rates in the second half of 2024, said Aakash Doshi, Citi North America Director of Commodities Research. Source
