Gold has just smashed a record, and every major bank agrees that it’ll cross $2 000/oz. What happens next is where forecasts diverge. JPMorgan Chase & Co says the rally that has already seen prices rise 28% in 2020 could start to lose steam later this year. Citigroup and Bank of America Corp aren’t ready to call it quits just yet, with the former expecting higher prices for longer and the latter seeing the metal soaring to as high as $3 000/oz.
