Gold Price Estimate 2024. Actual gold price equal to 2610.60 dollars per 1 troy ounce. The gold price hit a record of $2,135.40 on 4 december last year, when markets speculated that the fed could start cutting interest rates early in 2024.

Given the current record, $2,500 per ounce is now the next milestone to beat, and the target of $3,000 by ag thorson could be well within reach if the recent rally is anything to go. Market consensus anticipates a ‘soft landing’ in the us in 2024, which may not be attractive for gold.