A note from Fidelity takes a look at gold after a banner year in 2024:
Gold prices climbing approximately 27% in 2024largest annual increase in 14 yearsfactors contributing included interest rate cuts, persistent geopolitical tensions, and favorable supply-and-demand conditionsLooking ahead, Fidelity say gold bulls are optimistic that a weakening U.S. dollar and declining bond yields could drive prices even higher
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