‘Not a gold buyer, but’: JPMorgan CEO sees ‘semi-rational’ in buying it; here’s why

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.