JP Morgan increases long term gold price outlook amid global shift from dollar
JP Morgan raised its long-term gold forecast to $4,500 an ounce today. The bank cited central bank buying and a global shift away from the dollar as drivers.
Insights:
JPMorgan Chase & Co. announced on February 25, 2026, that it has raised its long-term gold price forecast by 15% to $4,500 an ounce. While the bank significantly increased its long-term outlook, it maintained its 2026 year-end forecast at $6,300. This revision updates the bank's structural view of demand drivers for the metal and comes amid a period of substantial price appreciation in the gold market.
