JPMorgan: Gold Price Could Rise to $6,300 per Ounce by End of 2026

Odaily News JPMorgan stated that demand from central banks and investors this year is sufficient to ultimately push gold prices up to $6,300 per ounce by the end of 2026. In the short term, the floor for silver prices will rise (approximately $75-80 per ounce in the coming quarters). By early next year, silver prices are expected to average a final recovery to $90 per ounce. This year, net central bank gold purchases will reach 800 tons, still 70% higher than pre-2022 levels. (Jin10)