Why Gold Price Is Rising In 2024. Gold prices are likely to stay elevated for now, some experts say, but it's important to understand what could happen with gold prices over time. Gold prices eased on thursday but stayed around record high hit in the previous session, as expectations of a september interest rate cut from the u.s.

Gold prices have continued to hit fresh highs in 2024 due to a wide range of factors — from escalating geopolitical risks and the interest rate outlook to budget deficit. After experiencing an outflow of rs 395.7.