Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

Will Rhind: Gold Stands Out in 2024, 3 Factors Moving in its Favor

by March 13, 2024
March 13, 2024
Will Rhind: Gold Stands Out in 2024, 3 Factors Moving in its Favor

Will Rhind, CEO of GraniteShares, discussed his 2024 outlook for gold, sharing three factors working in its favor.

‘And then lastly, the geopolitical tensions don’t seem like they’re really willing to go away quickly, and therefore will keep some tension in the market and again some interest in gold as a defensive asset.’

Aside from that, Rhind pointed to the amount of cash currently sitting on the sidelines, noting that investors can still get good returns on the money they have in the bank. However, if that starts to change they could start moving toward gold.

When asked where he sees the most opportunity in 2024, Rhind said artificial intelligence (AI) is clearly the zeitgeist.

‘I think that will endure — AI is I think the seminal theme not just of last year and this year, but I think of years to come. So the technology market has prospered in this environment for good reason,’ he commented.

At the same time, gold’s fundamentals remain positive. ‘Gold to me still stands out as being that precious metal that will get the most traction, will get the most attention and probably perform the best this year,’ Rhind said.

Watch the interview above for more of his thoughts on gold, as well as platinum 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
Europe’s Push For EV Rides The Way For The Future
next post
House GOP exposes ‘woke’ items in Biden’s $7.3 trillion budget

Related Posts

Rich Checkan: Gold is Insurance, but Silver Has...

November 10, 2023

Cardiex Limited

April 19, 2024

Diggers and Dealers 2023 Presentation

September 20, 2023

Lode Gold Sets Date for Shareholder Meeting to...

February 20, 2025

Rio Tinto Partners with Codelco to Develop Lithium...

May 23, 2025

Crypto Market Recap: Stablecoin Market Makes Headway, SharpLink...

June 14, 2025

Prismo Metals

August 10, 2023

Successful Completion of $0.6M Placement

December 13, 2023

Lake Resources NLSuccessful Extraction and Injection Tests at...

August 16, 2023

Terms of Reference for Enviromental Study Provided for...

March 26, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


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

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Gold’s Meteoric Rise: Can the Price Break US$4,000 in 2025?

    • COB: Repayment of Promissory Note

    • Lo Herma Resource Drilling Timing Confirmed

    • Reinstatement to Quotation

    • Tariff Talks: Swiss Propose Investment in US Gold Refining

    Categories

    • Business (1,395)
    • Investing (2,975)
    • Politics (3,699)
    • Stocks (1,807)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.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 moneycontrolplace.com | All Rights Reserved