{"id":2012,"date":"2024-03-12T12:05:28","date_gmt":"2024-03-12T12:05:28","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2024\/03\/12\/jeffrey-christian-gold-silver-and-another-year-of-living-dangerously\/"},"modified":"2024-03-12T12:05:28","modified_gmt":"2024-03-12T12:05:28","slug":"jeffrey-christian-gold-silver-and-another-year-of-living-dangerously","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2024\/03\/12\/jeffrey-christian-gold-silver-and-another-year-of-living-dangerously\/","title":{"rendered":"Jeffrey Christian: Gold, Silver and \u201cAnother Year of Living Dangerously\u201d"},"content":{"rendered":"<p><strong>Speaking at this year\u2019s Prospectors &amp; Developers Association of Canada (PDAC) convention, Jeffrey Christian, managing partner at CPM Group,  shared his outlook for gold and silver prices moving forward. <\/strong><\/p>\n<p>\u2018We\u2019re looking for record gold prices (in 2024) \u2026 we\u2019re looking for a significant, in our mind, increase in gold prices,\u2019 he said. \u2018We\u2019re looking at an average price of maybe US$2,050 (per ounce), up from US$1,950 last year.\u2019 <\/p>\n<p>Christian sees more of a move happening in the third and fourth quarters as worries increase among investors.<\/p>\n<p>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. <\/p>\n<p>All in all, he sees 2024 as \u2018another year of living dangerously\u2019 \u2014 a phrase CPM Group last used to describe 2008. <\/p>\n<p>\u2018We look at 2024, 2025 as a similar period of uncertainty,\u2019 he noted. \u2018I think one of the big parallels is you\u2019re looking at a year in 2024 where politics will be much more important in investors deciding whether to buy or sell gold and silver.\u2019 <\/p>\n<p><strong>Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Speaking at this year\u2019s Prospectors &amp; Developers Association of Canada (PDAC) convention, Jeffrey Christian, managing partner at CPM Group, shared his outlook for gold and silver prices moving forward. \u2018We\u2019re looking for record gold prices (in 2024) \u2026 we\u2019re looking for a significant, in our mind, increase in gold prices,\u2019 he said. \u2018We\u2019re looking at [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":2013,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/2012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=2012"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/2012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/2013"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=2012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=2012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=2012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}