💨 Abstract

JP Morgan has reaffirmed its bullish stance on gold, projecting it as the most optimal hedge for the next two years due to mounting risks of stagflation, recession, currency debasement, and U.S. policy uncertainties. The report highlights strong momentum in gold prices in Q1 2025 and estimates net gold demand from investors and central banks to average around 710 tonnes per quarter this year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖