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Major Bank Predicts Gold Could Hit $6,300 by 2026

Wednesday, February 25, 2026 at 3:31 AM

Investment giant JP Morgan forecasts gold prices could soar to $6,300 per ounce by the end of 2026. The bank attributes the projected surge to increased purchasing by central banks and investor demand.

A major Wall Street investment firm is making bold predictions about the future of gold prices, forecasting the precious metal could reach unprecedented levels within the next two years.

In a research note released Wednesday, JP Morgan analysts project gold will climb to $6,300 per ounce by the conclusion of 2026. The financial institution attributes this dramatic price surge to heightened purchasing activity from both central banks worldwide and individual investors.

The banking giant has also revised upward its extended outlook for the precious metal, now setting a long-term target of $4,500 per ounce.

This optimistic forecast reflects growing confidence in gold as both a store of value and hedge against economic uncertainty in global markets.

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