💬 Gold investors: $10,000 gold — fantasy or inevitable? Where do you stand in this wild debate? Let’s hear your price target! Gold hit an all-time high of roughly **$5,600 per ounce** in January this year — more than double the level of around $2,600 at the end of 2024. As of press time, gold has pulled back to approximately $4,800 an ounce. Even so, a growing number of prominent analysts, business leaders, and investors — including Jamie Dimon, CEO of JPMorgan Chase — believe gold could nearly double again to $10,000 per ounce in the near future. Why Did Gold Surge Over the Past Two Years? $Gold - main 2606(GCmain)$ In 2022 and 2023, the Federal Reserve raised interest rates to fight inflation. This pressure strengthened the U
Gold Rebounds — Take Profits or Keep Holding?
Gold prices rebounded strongly, snapping a nine-day losing streak, as reports emerged that the U.S. is seeking a ceasefire to advance diplomatic negotiations. Gold rose as much as 2.2%, climbing back above $4,570 per ounce, extending the previous session’s 1.6% gain. Trump stated that Iran has presented a “gesture of goodwill” for negotiations, related to energy transportation through the Strait of Hormuz. According to Axios, Washington and regional mediators are discussing the possibility of high-level peace talks as early as Thursday, though they are still awaiting Tehran’s response.
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