Projected Gold Price 2024. Government and industrial demand for gold will also factor into where prices head, but overall, experts say prices are likely going to rise in 2024 — and then hold. The price of spot gold topped $2,500 an ounce on friday, a new high.

As part of the “2024 precious metals forecast survey” commissioned by the london bullion market association (lbma), 25 analysts and precious metals experts. Moderate to high increases predicted: