
FXHedge|Apr 22, 2025 21:26
JP MORGAN SEE GOLD PRICES CROSSING 4,000/OZ BY Q2 2026 (Reuters)
JP Morgan sees gold prices crossing the 4,000 per ounce milestone next year, following increased recession probabilities amid boosted U.S. tariffs and an ongoing U.S.-China trade war, the bank said in a note on Tuesday.
The bank now expects gold prices to reach an average of 3,675/oz by 4Q25, on the way towards above 4,000/oz by 2Q26, with risks skewed towards an earlier overshoot of these forecasts if demand surpasses its expectations.
Full article:
https://www.msn.com/en-us/money/markets/jp-morgan-see-gold-prices-crossing-4000oz-by-q2-2026/ar-AA1DppFV?ocid=BingNewsSerp
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink