JPMorgan Chase & Co. anticipates a possible U.S. recession and foresees promising prospects for gold, expecting its prices to exceed $2,000 per ounce by year-end and reach unprecedented levels in 2024. The bank also predicts a moderate recession in the United States during Q2, along with anticipated rate cuts. JPMorgan sets a price target of $2,175 for the final quarter of the following year.
