JPMorgan sees gold price reaching $6,300 by year-end
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JPMorgan has forecast that the gold price will reach $6,300 by the end of the year. This prediction suggests a significant increase from current levels, with some reports indicating a rise of 22% or 34%. The forecast is reportedly driven by robust demand from central banks and investors, although the outlook is not universally shared, with some other banks, such as Bank of America, revising their own forecasts.
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