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JP Morgan Predicts Golden Era: Gold Prices Set to Soar Amid Economic Uncertainty

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JP Morgan Predicts Golden Era: Gold Prices Set to Soar Amid Economic Uncertainty JP Morgan, a leading force in global investment banking, has reiterated its optimistic outlook on gold, advocating it as the prime hedge in the looming economic landscape of 2025 and 2026. The report underscores concerns regarding stagflation, impending recession, currency weakening, and uncertainties surrounding U.S. policies.The surge in gold prices during the fir…

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New York, United States.- JP Morgan said this Tuesday that he sees gold prices crossing the $4,000 mark per ounce next year, following the increase in the likelihood of recession amid US tariffs and its trade war with China. The bank expects gold prices to reach an average of $3,675 per ounce in the fourth quarter of this year, on the way to surpassing the 4,000 mark in the second quarter of 2026, with biased risks towards an earlier overrun of …

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Mugglehead Magazine broke the news in on Monday, April 21, 2025.
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