More upside in view for under-radar Nova as JPMorgan forecasts US$6000 gold price
4 Articles
4 Articles
More upside in view for under-radar Nova as JPMorgan forecasts US$6000 gold price
JPMorgan is forecasting a gold price of US$6000 (~A$9340) per ounce by the end of US President Donald Trump’s current term in 2029 As gold continues to move upwards gold miner Nova Minerals is flying under the radar The Nova team is moving full steam ahead to progress its 9.9Moz Estelle gold and critical minerals project, with studies under way Special Report: Nova Minerals is advancing its Estelle gold project in Alaska towards production, wi…
Gold Could Reach $6,000 by 2029 on Small Shift from US Assets - JPMorgan
JPMorgan analysts predict gold could surge to $6,000 per ounce by 2029, an 80% increase from current levels, if foreign investors move just 0.5% of their US asset holdings into the metal. According to a note released on Wednesday, such a minimal reallocation would direct approximately $273 billion toward gold over four years, equating to […]
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