Gold Holds Steady at $2,625 After 27% Jump

Gold prices hold firm at $2,625 an ounce in 2024 following a 27% surge, fueled by Federal Reserve rate cuts, haven demand, and central bank purchases.

Aesthetic illustration of a gold bar with a shimmering glow, set against a backdrop symbolizing econ
Gold Holds Steady at $2,625 After 27% Jump

Gold remained steady at $2,625 an ounce after a 27% gain in 2024, driven by the Federal Reserve's rate cuts, haven demand, and central bank purchases.

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