Due to market concerns that hyperinflation will weaken the value of the US dollar, gold's status as a safe-haven asset is becoming increasingly prominent, and Wall Street's forecasts are becoming more optimistic. Analysts from Jefferies, UBS, and JPMorgan Chase predict that gold prices will reach $6600, $5400, and $5055 per ounce respectively, while silver is also gaining attention due to increased industrial demand and limited supply.
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Due to market concerns that hyperinflation will weaken the value of the US dollar, gold's status as a safe-haven asset is becoming increasingly prominent, and Wall Street's forecasts are becoming more optimistic. Analysts from Jefferies, UBS, and JPMorgan Chase predict that gold prices will reach $6600, $5400, and $5055 per ounce respectively, while silver is also gaining attention due to increased industrial demand and limited supply.