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JPMorgan forecasts gold to hit $6,300 in 2026 despite sharpest fall since 1980s
New York Post· 2026-02-02 18:18
JPMorgan expects gold prices to hit $6,300 per ounce by the end of 2026 – despite bullion suffering its sharpest one-day drop since 1983 on Friday.Gold futures fell 0.9% Monday, continuing its descent following news that President Trump plans to nominate former Fed governor Kevin Warsh to lead the Federal Reserve – an expected pick that calmed investor nerves.But JPMorgan expects gold prices to hit $6,300 per ounce by the end of 2026 as investors and central banks continue to buy up the safe-haven asset. JP ...