JPMorgan Sees Gold Reaching $6,300/oz by End-2026, Raises Long-Term Forecast to $4,500
JPMorgan forecasted that gold prices could reach $6,300 per ounce by the end of 2026 and raised its long-term gold price target to $4,500/oz. The note, reported by PANews on Feb. 25, 2026, reflects the bank’s revised outlook for bullion amid macroeconomic and monetary trends. The report was presented as market information and not investment advice. No cryptocurrencies or crypto projects were directly mentioned in the article.
Neutral
JPMorgan’s bullish gold projection is significant for commodities and macro traders but has a limited direct effect on crypto markets. A higher gold forecast often signals expectations of inflation, currency weakness, or monetary easing — factors that can indirectly support cryptocurrencies as alternative stores of value. However, the announcement is a single institutional forecast without immediate policy changes or shocks; it is more of a long-term directional view than a catalyst for near-term market moves. Short-term: limited impact — crypto traders likely to wait for confirming macro data (inflation, Fed guidance). Long-term: modestly bullish correlation potential — sustained moves in gold driven by inflation or monetary easing could increase demand for inflation-hedge assets including BTC and selected stable-value crypto products. Traders should monitor inflation prints, real yields, and central bank communications for confirmation.