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BTCC / BTCC Square / Global Cryptocurrency /
JP Morgan Forecasts Gold Rally to $4,000 Amid Market Volatility

JP Morgan Forecasts Gold Rally to $4,000 Amid Market Volatility

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-24 09:51:01
0

JP Morgan’s latest commodity report projects gold prices could surge to $4,000/oz, building on recent highs NEAR $3,500. The bank attributes the bullish outlook to macroeconomic uncertainty, with traders treating gold as a traditional hedge against trade wars and tariffs.

Despite Thursday’s pullback to $3,320 following profit-taking, the institutional analysis suggests strong upside potential. The forecast comes as digital assets and precious metals compete for safe-haven flows in the current risk-off environment.

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