There is a case building for 2024 to be that breakout year for the yellow metal. Geopolitical tensions punctuated by the ongoing war in Ukraine, US-China tensions and the recent escalations of violence in the Middle East are providing support for gold around current levels. Meanwhile, there is growing acceptance of fundamental frailties in the US economy, which is unable to fund itself through domestic savings and is testing the patience of an international community no longer willing to provide cheap debt. This will put pressure on the dollar. At the very least, recent overtightening of fiscal policy will need to be unwound with some even predicting a fresh round of quantitative easing – albeit likely with a new name – having to be introduced, creating a long-term inflationary environment in which gold will thrive.

For investors looking to leverage a likely bull run in gold, junior gold explorers, developers and producers offer unparalleled leveraged to the price.  This report will investigate the drivers for gold in 2024 and the likelihood of its long-awaited bull run. We will also be reviewing the global gold space for the miners best placed to take advantage; the development companies positioning themselves to enter production at the onset of higher prices; and the explorers with the projects worthy of most investor attention when the market falls back in love with gold.