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JP Morgan Forecasts $6000 Gold Price on Potential US Asset Reallocation
JP Morgan Forecasts $6000 Gold Price on Potential US Asset Reallocation
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JP Morgan analysts project an 80% surge in Gold prices to $6000 under a hypothetical scenario where foreign investors redirect 0.5% of US-held assets into the precious metal. The prediction hinges on strategic portfolio diversification toward gold as a store of value.
The bank’s analysis suggests gold could reach unprecedented levels if macroeconomic conditions trigger a flight to safety. Such a move WOULD represent a significant shift in global asset allocation strategies among institutional investors.
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