XAU $XAU đš JPMorgan$BTC $BTC Just Raised Its Gold Price Forecast$XAG
JPMorgan has increased its gold outlook, raising its year-end 2026 forecast to $6,300 per ounce, citing powerful ongoing demand from both central banks and investors.
Key drivers:
âą Central banks remain aggressive buyers of physical gold
âą Investor demand is stronger than expected
âą The broader macro backdrop continues to favor hard assets
Even after recent pullbacks, JPMorganâs message is clear: the structural bid under gold is still very real.
When one of the worldâs ĐșŃŃĐżĐœĐ”Đč banks raises its target like this, it reinforces what many have been watching all year:
Gold isnât fading â itâs being repriced.