Feb 25 (Reuters) – 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. (Reporting by Ishaan Arora. Editing by Jane Merriman)
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JP Morgan sees year-end 2026 gold price at $6,300 per ounce
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Feb 25 (Reuters) – 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.
(Reporting by Ishaan Arora. Editing by Jane Merriman)