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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