JPMorgan: Gold Could Reach $6,000 if This Shift Happens
Submitted by Anonymous (not verified) on Tue, 05/13/2025 - 14:50
Given the inelastic supply of gold, JPMorgan analysts believe the precious metal could reach prices of $6,000 per troy ounce by 2029. The bank stated that a shift of just 0.5% of U.S. assets held abroad into gold could send prices soaring. JPMorgan: Gold Might Soar to $6,000 by Trump’s Term End Gold, which has […]