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JPMorgan forecasts gold at $4,500 in Q4; flags downside risks

JPMorgan's research team predicts Q4 gold price of $4,500/oz but notes downside risks. Reflects macro uncertainty tied to interest rates and USD strength.

WHY IT MATTERS

Asset managers and wealth platforms pricing precious-metals exposure for client portfolios; directional signal on macro volatility expectations.

Source: Reuters · 2026-07-03

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JPMorgan forecasts gold at $4,500 in Q4; flags downside risks — ath — AITechHive