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for simplicity. The last period (2018–2024, Phase 5) and the entire historical period (1971–2024) serve as the basis for these forecasts.
For the last period (2018–2024, Phase 5), forecasts exhibit a steady [...] 03.11.2022 2039 08.03.2022
2023 1811 2078.4 1811 24.02.2023 2078 28.12.2023
2024 1985.1 2777.8 1985 14.02.2024 2778 30.10.2024
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Part 2:
The Role of Global GDP in Explaining and Forecasting Gold Prices: [...] Record Highs (2019–2024): Since 2019, gold prices have resumed their upward trajectory, driven by economic uncertainties, the COVID-19 pandemic, and geopolitical tensions. In October 2024, gold reached an …