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Strategies & Market Trends : Young and Older Folk Portfolio
SLV 75.39-28.6%4:00 PM EST
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From: chowder1/29/2026 9:27:19 PM
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Walter Bloomberg

JP MORGAN SEES GOLD SURGING TOWARD $8,000

Gold could keep rallying as private investors increase allocations from 3% to 4.6% of portfolios, JPMorgan’s Nikolaos Panigirtzoglou says, potentially pushing prices to $8,000–$8,500 an ounce.

Gold recently hit $5,600 amid safe-haven demand, central bank buying, and a shift from long-term bonds. While momentum may spark short-term profit-taking, gold shows stronger liquidity and breadth than silver or bitcoin.
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