JP Morgan sees year-end 2026 gold price at $6,300 per ounce
10:01 ص - الخميس 26 فبراير 2026
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gold prices
JP Morgan sees demand from central banks and investors this year ultimately pushing gold prices to $6,300 an ounce by end-2026, JP Morgan said in a note on Wednesday.
The investment bank also raised its long-term price forecast for the gold to $4,500/oz.
The bank explained that this update came after increased purchases by central banks, some countries shifting their dollar revenues to the Chinese renminbi, and the liquidation of US Treasury investments, which strengthened its long-term outlook for gold.
This update came after gold rose by more than 64% during 2025, as the precious metal maintained its status as a traditional safe haven.
