Categories: BUSINESS

‘I’m not a gold buyer, but…’: JPMorgan CEO Jamie Dimon, long a gold skeptic, now sees ‘semi-rational’ in buying it; what he said

JPMorgan CEO Jamie Dimon, a gold skeptic, now finds it ‘semi-rational’ to hold the yellow metal, acknowledging its potential to reach $10,000 in the current environment. Major banks like Goldman Sachs and HSBC have also raised their gold price forecasts, citing strong investor demand and central bank interest as key drivers for the precious metal’s surge.
Sumitra

Share
Published by
Sumitra
8 months ago

Recent Posts

Tu cheez badi hain….Musk Musk: A small step for SpaceX, a giant leap to a trillion for Elon

Elon Musk has achieved a historic milestone by becoming the world’s first trillionaire, driven by…

9 hours ago

Centre opens radio spectrum to accelerate deployment of vehicle collision-avoidance systems

India has removed licensing for crucial radio spectrum bands, specifically 77-81 GHz for automotive radar…

9 hours ago

Countries protecting domestic industries, India no exception: Piyush Goyal on global trade

India navigates global trade challenges by fostering dialogue and partnerships, even as nations increasingly protect…

1 day ago

Seeds of change: How India’s agriculture went high-output in 12 years

India's agriculture sector has seen remarkable growth over the past decade, fueled by increased government…

1 day ago

AI windfall for the public? Trump signals shake-up for tech giants

US President Trump is pushing for major AI firms to "give back" to the public,…

2 days ago

Markets dumped India for AI stars. BlackRock says that’s a mistake

BlackRock believes India's equity market is unfairly penalized for its limited direct AI exposure and…

2 days ago