James Henry Anderson: Gold Facing Tectonic Shift, US$2,400 Will Look Cheap

James Henry Anderson, senior market analyst at precious metals dealer SD Bullion, shared his thoughts on gold and silver, including what factors are moving the metals right now and where they could go in 2024.

In his view, the precious metals sector is undergoing a tectonic shift with far-reaching impacts. ‘Ultimately I think US$2,400 (per ounce gold) is going to be looked back in time as being cheap,’ he said.

Watch the interview above for more of Anderson’s thoughts on gold and silver.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.