An exceptional gold performance during 2024 in a year in violation of the metal markets

Gold will achieve one of its biggest annual profits during the present century, with 27% supporting the facilitation of US monetary policy, continuing geopolitical risks and the demand of central banks to buy. While the precious metal has decreased slightly since Donald Trump’s victory in the US presidential election in November last year, the profit during 2024 is still over most of the other basic merchandise. The year was a contrasting achievement for most basic minerals as the price of iron ore and lithium problems fell. The annoying annual performance highlights the absence of one dominant car on the market and emphasizes the potential performance of metal, essential and essential, during the next year. For 2025, investors focus on uncertainty about US monetary policy, possible skirmishes by Trump and China’s efforts to revive economic growth. In the gold market, the powerful gains for gold this year – which has seen the registration of the yellow metal for a consecutive range of records – can change a possible transformation in the dynamics of the markets, in light of it, despite the high dollar and the right income that increases in the US treasury bonds, which both usually affect negatively. The gold movement was “as much astonishing as it continued, making it the biggest market surprises for me in 2024,” according to David Scott, an analyst at Stonex Group in a research note, adding that “the rules of the game appeared to have changed for gold.” Other minerals mostly have problems due to the constant economic slowdown in China. The London Stock Exchange Index, which includes 6 minerals, is on its way to record a modest annual increase despite the poor Chinese demand, thanks to some tension related to supplies that can continue during 2025, especially with regard to copper and zinc. Iron ore has fallen, as the poor construction movement has entered the Chinese steel sector, which is the largest in the world in the development of the crisis without a horizon to recover. Future contracts for RU in Singapore promised 28% during 2024. The lithium – the metal used in the battery industry – aims to record a great loss for the second year in a row in the light of a large and continuous surplus in the global supply worsened by the unrest in the electric car sector. In Monday’s trading, Instant Gold recorded in the latest $ 2622.73 per ounce transactions, compared to a highlight in October at more than 2790 dollars, while future contracts for the new RU rose 2% to $ 100.85 per tonne in Singapore, and brass rose 0.2% to $ 9,000 per tonne on the London Metal Stock stock exchange.