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Home > India > JP Morgan sees gold averaging $5,055/oz by late 2026

JP Morgan sees gold averaging $5,055/oz by late 2026

Written By: Indianews Syndication
Last Updated: October 23, 2025 16:59:41 IST

Oct 23 (Reuters) – JP Morgan on Thursday forecast gold prices could reach an average of $5,055/oz by the fourth quarter of 2026, based on assumptions that investor demand and central bank buying will average around 566 tonnes per quarter next year. "With gold being our highest conviction long all year, we still believe it has even higher to go as we enter into a Fed cutting cycle," JPMorgan said in a note. (Reporting by Sherin Elizabeth Varghese and Anmol Choubey in Bengaluru; Editing by Susan Fenton)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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