JPMorgan: Gold price could surge on Biden blue wave

Financial News/James Booth

cartoon showing a boat riding the rising tide“Gold prices could jump by as much as five percent on a “blue wave” for the Democrats and their presidential candidate Joe Biden at next month’s elections, analysts at investment bank JPMorgan said.”

USAGOLD note:  That 5% might be a modest projection ……JPM sees a weaker dollar, lower yields.

Repost from 10-15-2020

This entry was posted in Gold and Silver Price Predictions from Prominent Players, Today's top gold news and opinion. Bookmark the permalink.