Wall Street Wants You to Hide Out in Gold. There's Risk as Price Hits Records.
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Wall Street firms like J.P. Morgan and Goldman Sachs recommend holding gold as prices hit record highs. BNP Paribas has increased its price forecast for gold, indicating confidence in its continued value.
March 13, 2025 | 5:00 pm
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POSITIVE IMPACT
J.P. Morgan and Goldman Sachs recommend holding gold, and BNP Paribas raises its price forecast, which could positively impact AAAU, a gold ETF.
AAAU is a gold ETF, and with major financial institutions recommending holding gold and raising price forecasts, it is likely to see a positive impact in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80