Mining.com – JPMorgan sees gold price charging to records in 2024 as Fed cuts rates
https://www.mining.com/web/jpmorgan-sees-gold-charging-to-records-in-2024-as-fed-cuts-rates/ Bloomberg News | July 26, 2023 | 5:46 am Intelligence Markets USA Gold Stock image. JPMorgan Chase & Co. sees an opportunity in gold ahead of a likely US recession, predicting prices will push past $2,000 an ounce by year-end and hit fresh records in 2024 as interest rates start to fall. Falling real yields in the US will be a “significant driver” for the precious metal when the...
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