Jamie Dimon Says Gold Can "Easily Go To $5,000 Or $10,000"

Jamie Dimon Says Gold Can “Easily Go to $5,000 or $10,000”

Fresh from reporting a solid set of numbers for the third quarter, JPMorgan CEO Jamie Dimon said he sees “some logic” in owning gold, while declining to say whether he thinks the precious metal is overvalued after its record run-up (perhaps smart, considering his catastrophic attempts to assign value to bitcoin over the past decade). “I’m not a gold buyer — it costs 4% to own it,” Dimon said Tuesday at Fortune’s Most Powerful Women conference in…

Jamie Dimon Says Gold Can "Easily Go To $5,000 Or $10,000"

Jamie Dimon Says Gold Can "Easily Go To $5,000 Or $10,000" Fresh from reporting a solid set of numbers for the third quarter, JPMorgan CEO Jamie Dimon said he sees "some logic" in owning gold, while declining to say whether he thinks the precious metal is overvalued after its record run-up (perhaps smart, considering his catastrophic attempts to assign value to bitcoin over the past decade).  “I’m not a gold buyer — it costs 4% to own it,” Dimon…

Australian National Review - Gold could hit $10,000 – JPMorgan boss

The precious metal has more than doubled in price since 2023, gaining renewed popularity amid rising inflation and geopolitical tensions Gold could soar to $10,000 per ounce as it regains popularity as a safe haven amid inflation and global tensions, JPMorgan CEO Jamie Dimon has predicted. The precious metal, long viewed as a hedge against inflation and currency declines thanks to its independence from governments and central banks, broke the hi…