When will gold set a new record price?

For more than two weeks, the gold price continues to rise. And although we are actively approaching the traditional holiday period, there will be no rest for gold this year. The rally that started gold not only with its constant growth of the last two weeks starting at $2294 per ounce, but also backwards since the beginning of the month of March this year. The absolute gold price record of $2449.97 per ounce on May 20, 2024 will be reached very soon and improved again. Appetites for gold around the world are steadily increasing with the continued growth of debt in the United States, as well as growing fears of escalating world conflicts to greater proportions. A large part of the population that can save or has savings is shifting investments from fiat dollars and euros to safer assets such as gold and silver. World-Signals.com's forecast is that the price of gold will set a new record by the end of the month, and in August it may cross the psychological level of $2,500 per ounce.

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