Despite a relatively slow start to the year, after hitting a record annual price in 2023, analysts see the potential for the precious metal to achieve another record this year, according to the latest survey from the London Bullion Market Association. Member analysts of the LBMA see the gold market achieving a record annual price of $2,059 an ounce this year, an increase of 6.1% compared to $1,940.54 an ounce achieved last year. “Comparing analysts’ forecasts against actual prices in the first 11 days of January 2024, which averaged $2,040.18, we can infer that analysts aren’t expecting runaway prices for gold this ... (full story)