Category gold

Gold Price Forecast Cut To $5,243

JP Morgan lowers 2026 average gold price forecast JP Morgan has cut its 2026 average gold price forecast to $5,243 per ounce from $5,708. The bank maintained its year-end target of around $6,000 per ounce, citing an expected re-acceleration in demand in the second hal

Vodka Distiller Files Chapter 11

Spirits of the USA files for bankruptcy A decline in spirits sales impacted distilleries' revenue. Spirits supplier sales declined by 2.2% to $36.4 billion in 2025. The company filed for Chapter 11 bankruptcy, listing $500,000 to $1 million in assets and $1 milli