The director of JP Morgan allowed for a rise in the gold price to $10,000.
JP Morgan bank director Jamie Dimon has suggested the possibility of a rise in the gold price to $10,000 in the foreseeable future.
Speaking at a conference in the USA, Dimon stated that the price of gold could easily rise to $5,000 or even $10,000. This year, the value of the precious metal has already increased by 61% and currently stands at $4,233. Accordingly, reaching the lower mark of $5,000 set by Jamie implies a rise in the XAU rate of 18% from the current value.
Rise in the price of gold in 2025
When the price
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