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Gold Falls as JPMorgan Cuts Q4 Forecast to $4,500

2026-07-10 03:55:19

Abstract generation in progress

JPMorgan cut its fourth-quarter gold forecast by approximately 25% to $4,500 per ounce. Spot gold fell 0.58% to $4,141.26 per ounce on July 7. The US Dollar Index gained 0.3%, making gold more expensive for buyers outside the US.

USIDX-0.14%

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