– JP Morgan Projects Record Gold Prices In 2024:
JP Morgan forecasts $2,000 gold by the end of the year with the price continuing to rise to record highs in 2024.
In his latest note, JP Morgan executive director of global commodities research Greg Shearer projects the price of gold will average around $2,175 an ounce by the fourth quarter of 2024. That would represent an 11% increase from the current price.
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