Despite the recent collapse of the precious metals market, the company's experts are confident that such a price level will be reached due to strong demand from central banks and investors.
The analytical note emphasizes: "Our position on gold in the medium term remains confident, as there is a clear and ongoing trend towards asset diversification that is not yet complete."
Analysts note that this trend is observed against the backdrop of a stable advantage of real assets over "paper" investments.
According to JPMorgan's forecasts, central banks will purchase about 800 tons of gold this year.
