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Gold Prices Seen Topping $5,000 by End of 2026, JPM Private Says
Summary by BizToc
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2 Articles
Banking giant sets date when gold will hit $5,000
A banking giant is predicting that the gold rally is likely to continue into 2026, with the metal hitting new highs. Specifically, the commodity could soar past $5,000 per ounce by the end of 2026, driven primarily by strong buying from central banks, especially in emerging-market economies, according to J.P. Morgan Private Bank. Alex Wolf, the firm’s global head of macro and fixed income strategy, forecasts that gold could reach between $5,200…
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