JP Morgan Forecasts Gold Prices to Reach $6,000 per Ounce by End of 2026
JP Morgan Global Research projects gold prices to reach an average of USD 6,000 per ounce by late 2026, potentially rising to USD 6,300 by the end of 2027, despite recent price cooling and reduced investor interest. The report highlights that geopolitical uncertainties and Federal Reserve policies remain key factors influencing future demand and price stability. Analyst Greg Shearer noted gold's current sideways trading amid concerns over inflation-driven interest rate hikes.
