JP Morgan estimated that the gold price will rise until the end of the year to $ 2,500 per troy ounce, or higher, followed by high volatility, the downgrading of the U.S. credit rating. “Before we have downgraded the price development at $ 1,800 per troy ounce appreciated. Now, this estimate seems too conservative."
i dont trust any of those inistitutional report. just be reasonable, 1150-1550, +35% summer safe haven parking lot, 1500-1850, +23%, considering x'mas hiring season is coming yet both equity and commodity market are deeply discounted, how high can gold go? another 35% on top of 1850?? well, that will justify 2500, but don't forget when this summer mess' s over, that 23%(or possibly more) will be taken out and added back to equity and commodities
year price seems
【在 Y*****g 的大作中提到】 : JP Morgan estimated that the gold price will rise until the end of the year : to $ 2,500 per troy ounce, or higher, followed by high volatility, the : downgrading of the U.S. credit rating. “Before we have downgraded the price : development at $ 1,800 per troy ounce appreciated. Now, this estimate seems : too conservative."