According to AICryptoCore, JP Morgan’s commodities team forecasts gold prices may average $5,055 per ounce by the fourth quarter of 2026, driven by strong institutional and central bank demand. The team, led by Natasha Kaneva and Gregory Shearer, cited a Fed rate-cutting cycle, stagflation concerns, and broader debasement hedging as key factors. The forecast may influence portfolio allocations and impact digital assets like Bitcoin, often viewed as a store of value.
JP Morgan Forecasts Gold to Reach $5,055 per Ounce by Q4 2026
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