Gold remains in demand among money managers, with none planning to reduce their exposure over the next year, despite the metal’s recent price dip. A survey from Bloomberg News indicated a prevalent optimism regarding gold’s price prospects for 2024. Many predict a rise in prices, with some even forecasting an all-time high. Key factors influencing gold’s allure include uncertainties in the global economy, geopolitical tensions, and its reputation as a diversification tool in investment portfolios. Current gold price sits near $1,900 an ounce, with some experts, like Darwei Kung of DWS Group, projecting a record peak at $2,250 an ounce in the foreseeable future.