Gold rebounds on Japan downgrade

Experts predict gold, which hit an all-time high of $2,554.78 per oz. on Thursday, to be on a long-term bull run.

The second-largest gold miner in Kazakhstan reaffirmed its forecast to produce 475,000 gold equivalent ounces in 2024.

It's been just over a year since the Man Maw tin mine in Myanmar, one of the world's largest sources of the strategic metal, halted production.

Gold has proven very strong in recent months, powering up to many new records.