It's OK, especially if the 24V is AC power for devices. The problem is that if your devices are measuring something and sending back 4-20 or 0-10 signals you should shield them, especially if it's a long run. What's this power of yours doing anyway?
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You do have to be a little careful about induced voltages if the 24V is involved in PLC inputs, but only if there is significant current flowing in the 120V circuits.
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It would be wise to segregate them as widely as possible, though 4-20mA circuits are largely immune from nearby AC circuit coupling.
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