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Gold could soar 80% to $6,000 if there's even a minuscule shift away from US assets, analysts say
Analysts at JPMorgan estimated that the price of gold could reach $6,000 per ounce by 2029, up from about $3,300 now, if just 0.5% of U.S. assets held by foreign investors is reallocated to the precious metal. Gold has been on a tear in recent years and picked up even more momentum after President Donald Trump launched his trade war. The price of gold has been on a tear in recent years and could reach astronomical heights by the end of the decad…
·New York, United States
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