JPMorgan: Gold price expected to reach $6,000 by 2028
Jinse Finance reported that JPMorgan stated: Gold is our most favored long-term investment target this year. However, with the start of the Federal Reserve's interest rate cut cycle, we still believe there is further upside potential for gold prices. We expect gold prices to reach $6,000 by 2028.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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The probability of the Federal Reserve cutting interest rates by 25 basis points in January is 24.4%, and the probability of a cumulative 50 basis point cut by March is 8.1%.
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