JPMorgan predicts that strong demand from central banks and investors could push gold ($XAU) to $6,300 per ounce by the end of 2026, despite today’s pullback to its lowest level in over two weeks after hitting a record high of $5,594.82 last Thursday.
The bank says medium-term optimism for gold remains strong due to the continued outperformance of real assets over paper assets, with central banks expected to buy around 800 tons of gold this year.
This massive shift into hard assets is not just bullish for $XAU, but also strengthens the long-term case for silver ($XAG) and even Bitcoin ($BTC) as alternative stores of value in an era of currency debasement and rising uncertainty.
Real assets season is loading… 👀🔥
