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JPMorgan Bullish on Gold Prices Into Year-End

JPMorgan Bullish on Gold Prices Into Year-EndGlobal investment bank JPMorgan remains optimistic about gold prices, projecting a significant rise in the fourth quarter of 2024 due to anticipated Federal Reserve rate cuts beginning in September. On Tuesday, the price of gold surged past its all-time high, bolstered by the Federal Reserve’s actions and the influence of former U.S. President Donald Trump. […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%

Gold Could Surge to $40,000 per Ounce, Strategist Says

Gold Could Surge to ,000 per Ounce, Strategist SaysEgon von Greyerz, founder of Matterhorn Asset Management and Gold Switzerland, has shared his insights, indicating potential for substantial increases in gold prices based on historical trends and current economic conditions. He explained that gold could reach up to $16,000 per ounce if it returns to its historical average relative to U.S. treasuries, and even […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%

Economist Jim Rickards Discusses US Dollar Decline and Potential $27,000 Gold

Economist Jim Rickards Discusses US Dollar Decline and Potential ,000 GoldEconomist Jim Rickards has shared insights on the U.S. dollar’s decline, driven by sanctions and mounting debt, and the potential rise in gold’s value as nations seek alternatives like the BRICS currency. He warns that internal mismanagement is the greatest threat to the dollar’s stability, stating to the U.S. government: “You’re taking confidence for granted. […]

Traders eye $71.5K Bitcoin price as open interest jumps 13%