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Published: Mar 14, 2024 08:05
【J.P. Morgan: Gold is expected to reach $2500 in 2020, leading the way for commodities】Natasha Kaneva, Head of Global Commodity Research at J.P. Morgan, stated that gold is the company's top choice in the commodities market. Kaneva believes that the price of gold could rise to $2500 this year, as the market tends to get overly excited. To achieve this price target, it is necessary to confirm that U.S. inflation and employment data continue to slow and to confirm that the Federal Reserve is indeed cutting interest rates.

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