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Will Gold Prices Break 5 000 Oz In 2026 J P Morgan

Bonisiwe Shabane
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will gold prices break 5 000 oz in 2026 j p morgan

Gold prices surged in 2025 due to trade tensions, central bank and ETF demand. What is the gold price forecast for 2026 and beyond? J.P. Morgan forecasts $5,055/oz average by Q4 2026: Know the factors behind price spike Gold prices surged dramatically in 2025, posting gains of over 40% year-to-date by September and reaching around 70% this month. Driven by central bank purchases of the yellow metal, alongside expectations of more Fed rate cuts, spot gold prices hit $4,445.4 per ounce as of December 22, 2025 (3:22:46 AM EST) — up from...

The metal shattered records, peaking at $4,381 in October, marking its strongest annual performance in more than 45 years. All told, gold prices are up more than 77% in 2025, and is on pace for its best year since 1979. Gold entered 2026 at levels few institutions believed possible just two years earlier. An extraordinary 2025 rally driven by aggressive central-bank buying, persistent geopolitical tension, and expectations of monetary easing pushed prices to all-time highs above $4,300 per ounce and forced banks to rewrite their outlooks. This article consolidates the most authoritative projections from major banks and respected analysts, along with the relevant forward-looking forecasts from earlier institutional research, so you can track how projections have changed over time. The chart below shows real-time gold spot prices tracked by Lear Capital and updated throughout the trading day.

Before gold accelerated far beyond expectations, several institutions issued more conservative targets. Some of these remain useful as reference points that illustrate how sharply sentiment has changed. These earlier forecasts now read like the first chapter in a much larger price repricing. By the end of 2025, gold had sailed past $4,000, prompting an industry-wide reset of forward expectations. GOLD and SILVER spiked lower on Thursday, briefly retreating from this week's record highs on surprise weakness in US inflation data and jobless benefit claims, while New York's S&P500 stock index rallied for the... With silver now rising almost 125% for the year as 2026 forecasts put gold at $5000 per ounce, platinum and palladium prices also dropped and rebounded, trading back towards new 17-year and 3-year highs...

"2025 is collectively the largest underestimate/margin of error for all 4 metals in the LBMA's analyst polling history," says strategist Nicky Shiels at Swiss refiners and finance group MKS Pamp, pointing to the bullion... "No one saw these prices coming. That alone may lead to some overcompensation for 2026 estimates (ie, too bullish) when they are released in January." With gold back above $4330 per Troy ounce on Thursday afternoon in London, "analysts at J.P.Morgan, Bank of America and consultancy Metals Focus now see bullion hitting $5,000 per troy ounce in 2026," says... 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). Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement Copper extended a powerful December rally that’s carried prices for the industrial metal to unprecedented highs above $12,000 a ton on fears over a tighter global market in 2026. A series of major mine outages this year have combined with the threat of US import tariffs, leading traders to...

Gold rose above $4,500 an ounce for the first time on Wednesday as escalating tensions in Venezuela and expectations for more US rate cuts continue to lift demand for the safe-haven metal. Spot gold set a new all-time high of $4,524.68 an ounce during the early hours of trading, before... Gold, silver and platinum jumped to all-time highs on Friday to extend a historic end-of-year rally for precious metals, with support from escalating geopolitical tensions and US dollar weakness. Spot gold set a new all-time high of $4,540 an ounce and the most active US gold futures for delivery in... Kentucky’s junior U.S. Senator Rand Paul, R-Bowling Green, has introduced the Health Marketplace and Savings Accounts for All Act, to make all Americans eligible for Health Savings Accounts (HSAs).

CALIFORNIA — In a sudden move, Howard's Appliances — a nearly 80-year-old appliance chain, has closed all its retail locations in Souther California, leaving employees and customers scrambling with little warning.

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Gold Prices Surged In 2025 Due To Trade Tensions, Central

Gold prices surged in 2025 due to trade tensions, central bank and ETF demand. What is the gold price forecast for 2026 and beyond? J.P. Morgan forecasts $5,055/oz average by Q4 2026: Know the factors behind price spike Gold prices surged dramatically in 2025, posting gains of over 40% year-to-date by September and reaching around 70% this month. Driven by central bank purchases of the yellow meta...

The Metal Shattered Records, Peaking At $4,381 In October, Marking

The metal shattered records, peaking at $4,381 in October, marking its strongest annual performance in more than 45 years. All told, gold prices are up more than 77% in 2025, and is on pace for its best year since 1979. Gold entered 2026 at levels few institutions believed possible just two years earlier. An extraordinary 2025 rally driven by aggressive central-bank buying, persistent geopolitical...

Before Gold Accelerated Far Beyond Expectations, Several Institutions Issued More

Before gold accelerated far beyond expectations, several institutions issued more conservative targets. Some of these remain useful as reference points that illustrate how sharply sentiment has changed. These earlier forecasts now read like the first chapter in a much larger price repricing. By the end of 2025, gold had sailed past $4,000, prompting an industry-wide reset of forward expectations. ...

"2025 Is Collectively The Largest Underestimate/margin Of Error For All

"2025 is collectively the largest underestimate/margin of error for all 4 metals in the LBMA's analyst polling history," says strategist Nicky Shiels at Swiss refiners and finance group MKS Pamp, pointing to the bullion... "No one saw these prices coming. That alone may lead to some overcompensation for 2026 estimates (ie, too bullish) when they are released in January." With gold back above $4330...

Learn More Last Updated On: 17th December 2025, 11:46 Pm

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 2...