JPMorgan’s Dimon Predicts Gold Could Reach $10,000 Amid Market Uncertainty
Gold continues its relentless rally, breaching $4,200 as geopolitical tensions and economic uncertainty fuel demand. JPMorgan CEO Jamie Dimon labels Gold holdings "semi-rational" in current conditions, suggesting a potential surge to $10,000 if macro trends persist.
Technical analysts observe gold's momentum targeting $4,300 before consolidation. The safe-haven surge mirrors broader market distress, with investors flocking to hard assets as confidence in traditional markets wanes.