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 Pulling Gold out of E-Waste Suddenly Becomes Super-Profitable READ MORE New UBS Forecasts Predict Silver Prices to Hit $38 by Mid-2025 READ MORE Silver Surges to August Highs as Bullish Trend Resumes READ MORE Will Gold Continue to New Heights? READ MORE Gold Prices Climb as Market Awaits Fed's Inflation Decisons READ MORE Add a Comment Cancel replyYour email address will not be published.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