JPMorgan predicts gold prices could surge to $5,000 an ounce by Q4 2026 amid elevated market risks.
JPMorgan Chase projects gold prices will climb to over $5,000 an ounce by the fourth quarter of 2026, citing heightened market risks. CEO Jamie Dimon warned of potential economic disruptions, comparing risks to tectonic plates that could collide.
The forecast follows Dimon’s cautionary remarks during the bank’s second-quarter earnings update, where he highlighted elevated risks despite near-record stock market levels. The bank’s outlook suggests gold could rise further beyond 2026.
Investors seeking hedges may consider gold mining stocks, which offer exposure without the storage challenges of physical bullion.