Gold to $3,000 in 2024: Mike McGlone sees a global recession propelling gold to unprecedented highs

As macroeconomic conditions continue to deteriorate, the gold prices is poised to hit new highs in 2024, and even has the potential to hit $3,000, according to Bloomberg Intelligence Senior Commodity Strategist Mike McGlone. “Gold outperforming most commodities and the S&P 500 on a year-over-year basis to Nov. 29 may show inklings...