🚀 JPMorgan makes bold claims again: The rise in gold prices is not over, aiming for $4050-$4150 by mid-2026!
Recently, JPMorgan analyst Weiheng Chen emphasized in a latest report that the strong momentum of gold will continue until 2026. As the Federal Reserve begins its rate-cutting cycle, gold prices are expected to break through 4050-4150 USD/oz by mid-2026. This prediction is based on historical patterns: a low-interest-rate environment will significantly reduce the opportunity cost of holding the non-yielding asset gold, driving continuous inflows of funds into the gold market.
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