Average Gold Price 2024. Or 29.01% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this commodity. Gold increased 598.31 usd/t oz.
Jp morgan has an average price target of $2,175 per ounce for bullion in the final quarter of 2024. Gold prices are expected to average $1,900 per troy ounce in 2024โ6 percent higher than in 2023, before retreating in 2025 as inflation and recession fears fade.