Jamie Dimon isn’t a fan of gold as an investment, but with the asset at record prices, he said adding it to your portfolio might actually make sense right now. Gold, sought after by investors as a hedge against inflation and volatility, hit a record high of $4,201 a troy ounce Wednesday and is up about 59% on the year. …
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‘I’m not a gold buyer, but…’: JPMorgan CEO Jamie Dimon, long a gold skeptic, now sees ‘semi-rational’ in buying it; what he said
Dimon expressed a measured view on gold ownership whilst acknowledging its potential value in current circumstances. Jamie Dimon, the JPMorgan Chase & Co CEO, who is long known to be a skeptic on gold investment, has said that he now sees a ‘semi-rational’ in having the yellow metal as part of your investment portfolio.Gold prices have surged significantly, rising from …
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