February 2024 in Precious Metals, by Steven Cochran

Welcome to SurvivalBlog’s Precious Metals Month in Review, presented by Gainesville Coins. Each month, we take a look at “the month that was” in precious metals. We cover gold’s performance and the factors that affect gold prices. What Did Gold Do in February? Everything moved against gold in February. Hot inflation numbers and a stronger dollar pushed back the probable date for the Fed’s first rate cut. A huge tech bubble in stocks pulled money out of bonds and other safe havens to chase record stock prices. Spot gold started February at $2,054 an ounce and ended the month $20 …

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