J.P. Morgan Sees Gold Potentially Reaching $8,000–$8,500 as Retail and Institutional Demand Mounts

J.P. Morgan Sees Gold Potentially Reaching $8,000–$8,500 as Retail and Institutional Demand Mounts

J.P. Morgan analysts argue gold could rally to roughly $8,000–$8,500 an ounce “over the coming years,” citing a mix of central‑bank accumulation, rising institutional interest and a rapid increase in retail allocations to the metal. The bank’s market strategist Nikolaos Panigirtzoglou frames the outlook in a research note that balances near‑term caution with a structural bull case. Research note highlights (quoted) “Precious metals continue to e…

J.P. Morgan revamps gold price target for 2026

Gold has been on such a tear that even the people who model it for a living are scrambling to keep up. I have watched J.P. Morgan’s calls on gold evolve over the last few years, and its latest move…