JPMorgan Chase Expects Gold to Average $4,300 in Q3, Rise to $4,500 in Q4 2026

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According to JPMorgan Chase, gold prices are expected to average $4,300 per ounce in Q3 2026 and rise to approximately $4,500 in Q4. The bank cited weakened demand and increased sensitivity to real interest rate changes as near-term headwinds, but maintained a bullish long-term outlook supported by central bank purchases and physical demand.
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