The case for gold in 2024

The Federal Reserve gave the clearest indication yet that their aggressive tightening cycle is coming to an end, sending the price of gold to new highs.

For nearly 15 years, the relationship between gold prices and real returns on government bonds remained strong. Whenever interest rates rose and real rates on bonds turned positive, the gold price tended to fall. But then something went wrong.

Listen to the latest Investor Download with fund manager James Luke. We discuss what's happening with gold and what the future might hold.

RUNNING ORDER:

02:48 - Part one: how we got to where we are

07:10 - Part two: the breakdown of a relationship

13:19 - Part three: gold and gold producers in 2024

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