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What Morgan Stanley Jp Morgan And Bofa Say About 2026 Gold Price

Bonisiwe Shabane
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what morgan stanley jp morgan and bofa say about 2026 gold price

JAKARTA - Gold recorded its biggest surge since the 1979 oil crisis, with spot prices reaching US$4,381 in October 2025, after previously never breaking US$3,000 before March 2025. The increase was driven by demand from central banks, investors, and new participants such as Tether and corporate treasury managers. According to reuters.com, Bank of America (BofA) strategist Michael Widmer said, “There are expectations of further increases or portfolio diversification driving gold purchases, supported by the US fiscal deficit situation, efforts to narrow the... Philip Newman of Metals Focus added, “Support for further gold gains comes from investor concerns about the independence of the US Federal Reserve, tariff disputes, and geopolitics including the war in Ukraine and Russia’s... Analysts highlighted the role of central banks as price stabilisers. Gregory Shearer of JP Morgan & Chase said, “Price levels are supported much higher than before because there is central bank demand.”

He emphasised that the gold price cycle may continue due to a cleaner market position. “And suddenly we are above US$4,000 in a cleaner positioning environment, which then allows this cycle to continue.” Disclosure: We are reader-supported. If you purchase from a link on our site, we may earn a commission. Learn more Last Updated on: 17th December 2025, 11:46 pm

Gold has already had a historic run, and now the big question is whether 2026 becomes the year gold consolidates above $4,000 or makes a serious push toward $5,000 per ounce. As of writing this article, spot gold was around $4,317/oz (after printing new all-time highs earlier in the year). Multiple major banks and research firms now expect 2026 to be strong, but not necessarily “straight up.” If you want a plain-English walkthrough of how people use physical precious metals (including Gold IRAs) as part of a retirement plan, you can request Noble Gold’s free 2026 Gold & Silver Investing Kit. Affiliate disclosure: If you request the kit through our link, we may earn a commission. This does not affect the price you pay (it’s free).

At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals. At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today's markets.

At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Dive into in-depth outlooks and forecasts from our analysts and strategists. Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news...

He has a Bachelor's degree Specialization in Journalism from Concordia University. You can reach Ernest at 1-514-670-1339. We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more.

https://money.com/gold-price-rally-predictions-2026/ Money is not a client of any investment adviser featured on this page. The information provided on this page is for educational purposes only and is not intended as investment advice. Money does not offer advisory services. Over the past 50 years, the stock market has produced the highest average annual returns of any asset class. But that wasn't the case in 2025.

Instead, precious metals took the limelight, with gold gaining more than 64% amid heightened geopolitical unrest, a slowing U.S. economy, a weakened dollar and the Federal Reserve enacting an interest rate-cutting cycle. Those macroeconomic conditions resulted in aggressive central-bank buying while also fueling a frenzy in exchange-traded funds (ETFs) backed by physical gold. *Average, highest, and lowest gold prices for 2026 are based on the below price predictions and forecasts. Disclaimer: This is not investment advice. The information provided is for informational purposes only.

No information, materials, services, or other content provided on this page is a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Always seek independent consultation from a professional before making any investment. Gold price predictions for 2026 indicate widespread bullish sentiment, as the broader market suffers under the weight of macroeconomic decay, geopolitical disruption, and political volatility. Following a months-long breather in the middle of 2025, gold is expected to wake up with renewed energy to the upside. Although it’s impossible to predict precisely where gold prices are headed in 2026, looking at what the experts are saying can give investors a more accurate perspective on the market’s trajectory. Following a more than 27% surge in 2024, gold entered 2025 with already bullish expectations baked into forecasts.

Once again, the yellow metal shattered even those optimistic projections, forcing analysts and institutions into a familiar pattern of upward revisions, only to see prices surge beyond them yet again.

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JAKARTA - Gold Recorded Its Biggest Surge Since The 1979

JAKARTA - Gold recorded its biggest surge since the 1979 oil crisis, with spot prices reaching US$4,381 in October 2025, after previously never breaking US$3,000 before March 2025. The increase was driven by demand from central banks, investors, and new participants such as Tether and corporate treasury managers. According to reuters.com, Bank of America (BofA) strategist Michael Widmer said, “The...

He Emphasised That The Gold Price Cycle May Continue Due

He emphasised that the gold price cycle may continue due to a cleaner market position. “And suddenly we are above US$4,000 in a cleaner positioning environment, which then allows this cycle to continue.” Disclosure: We are reader-supported. If you purchase from a link on our site, we may earn a commission. Learn more Last Updated on: 17th December 2025, 11:46 pm

Gold Has Already Had A Historic Run, And Now The

Gold has already had a historic run, and now the big question is whether 2026 becomes the year gold consolidates above $4,000 or makes a serious push toward $5,000 per ounce. As of writing this article, spot gold was around $4,317/oz (after printing new all-time highs earlier in the year). Multiple major banks and research firms now expect 2026 to be strong, but not necessarily “straight up.” If y...

At Morgan Stanley, We Lead With Exceptional Ideas. Across All

At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals. At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. From volatility and geopo...

At Morgan Stanley, We Lead With Exceptional Ideas. Across All

At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Dive into in-depth outlooks and forecasts from our analysts and strategists. Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizati...