American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Investing

Jeffrey Christian: Gold, Silver and “Another Year of Living Dangerously”

by admin March 13, 2024
March 13, 2024
Jeffrey Christian: Gold, Silver and “Another Year of Living Dangerously”

Speaking at this year’s Prospectors & Developers Association of Canada (PDAC) convention, Jeffrey Christian, managing partner at CPM Group, shared his outlook for gold and silver prices moving forward.

‘We’re looking for record gold prices (in 2024) … we’re looking for a significant, in our mind, increase in gold prices,’ he said. ‘We’re looking at an average price of maybe US$2,050 (per ounce), up from US$1,950 last year.’

Christian sees more of a move happening in the third and fourth quarters as worries increase among investors.

In terms of silver, Christian said CPM Group thinks US$20 to US$22 per ounce will be its low range for the year, while US$27 or US$28 will be its high point. As with gold, the firm expects the silver price to pick up toward the end of 2024.

All in all, he sees 2024 as ‘another year of living dangerously’ — a phrase CPM Group last used to describe 2008.

‘We look at 2024, 2025 as a similar period of uncertainty,’ he noted. ‘I think one of the big parallels is you’re looking at a year in 2024 where politics will be much more important in investors deciding whether to buy or sell gold and silver.’

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Fireweed Upgrades to Trade Shares on the OTCQX Best Market
next post
Adrian Day: Gold Stock Investors Capitulating, Dramatic Change Coming Soon

Related Posts

Nio stock price forecast: Here’s why it could...

January 9, 2025

USD/JPY forecast: death cross forms, losses key support

September 11, 2024

USD/MXN forecast ahead of Fed and Banxico rate...

December 15, 2024

As Jasmy, Pepe, and Render prices rise, beware...

April 8, 2025

Multiple Broad and High-Grade Drill Intersections Resource Extension...

February 11, 2024

3M stock rally has stalled: brace for impact...

October 18, 2024

Rolls-Royce share price surged: is Tufan Erginbilgiç just...

October 1, 2024

PRINCIPAL TECHNOLOGIES ANNOUNCES FUNDAMENTAL ACQUISITION OF VIVOSTAT A/S

February 8, 2024

Commissioning Proceeding to Plan as Boss Prepares for...

May 8, 2024

Here’s why crypto coins like Banana Gun, Onyxcoin,...

March 12, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Bulgaria plans for continuous oil supply for Lukoil-owned refinery after US sanctions

      October 26, 2025
    • Apple Q4 earnings preview: here’s what to expect

      October 26, 2025
    • France’s offshore wind ambitions stalled by political turmoil

      October 26, 2025
    • Europe bulletin: Zelensky calls for more weapons, Russia warns against EU sanctions

      October 26, 2025
    • US digest: Jeffries endorses Mamdani, Ford’s stock surge, US sanctions Colombian president

      October 26, 2025

    Categories

    • Business (4,353)
    • Investing (3,011)
    • Latest News (2,103)
    • Politics (1,541)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved