JPMorgan Sees Gold Soaring to $2,500 JPMorgan Chase & Co. tags gold as its top commodity pick, forecasting a potential surge to $2,500 per ounce this year, fueled by market enthusiasm. Natasha Kaneva, the bank’s lead commodities researcher, highlighted the metal’s recent peak at $2,195.15, suggesting a climb to $2,500 is within reach if inflation moderates and job growth stabilizes. Additionally, the Federal Reserve’s expected shift to a more accommodative monetary policy could further elevate gold’s attractiveness against yield-generating investments, pending evidence of inflation aligning closer to the Fed’s 2% goal. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold’s ‘Record March Higher Set To Continue,’ Goldman Says READ MORE Emergency Efforts Underway to Rescue 13 Miners in Russian Gold Mine READ MORE ZeroHedge: There's An Odd Chill In The Air – Dallas Fed Respondents Warn Of "Pending Doom" READ MORE Federal Reserve Adopts Scenario Analysis as Inflation Fight Wavers READ MORE Major Breakout & New Bull Market Confirmed READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment