How gold could one day hit $6,000, according to JPMorgan

How gold could one day hit $6,000, according to JPMorgan

"International investors are starting to reassess the 'exorbitant privilege' and safe haven status of the US dollar," JPMorgan said.

Gold price rises after US Federal Reserve warns of economic uncertainty

After a short-term recovery, a sharp decline occurred and the ounce price fell rapidly from the level of 3920 dollars to 3364 dollars. Gram gold, on the other hand, fell to 4122 TL by breaking the level of 4200 TL. On the other hand, investors were warned of a buying opportunity in gold prices. A date was also given for when the gram of gold would be 6 thousand liras. Here are the details of the statement...

In the US trading session on May 8, the world gold price increased sharply again after the US announced some economic information. This development is contrary to the previous downward trend when gold was "blown away" by nearly 100 USD/ounce during the day.

Newmont Corporation (NEM) Stock Analysis: Exploring a 16.49% Potential Upside in Gold Investments

Newmont Corporation (NEM), a titan in the gold industry, stands as a compelling choice for investors seeking exposure in the basic materials sector. With a robust market capitalization of $60.09 billion, Newmont has carved out a significant presence in the gold exploration and production industry. The company, headquartered in Denver, Colorado, operates across a broad international footprint, including key regions such as Canada, Australia, and …

Gold prices rose on Thursday after the Federal Reserve warned of rising risks related to inflation and the labor market, while investors awaited developments in US-China trade talks in the coming days. Spot gold rose 0.9 percent to $3,392.90 an ounce by 0416 GMT. US gold futures gained 0.2 percent to $3,399.80 an ounce. Among other precious metals, spot silver rose 1.2 percent to $32.85 an ounce, platinum added 0.9 percent to $982.81, and pallad…