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JPMorgan Targets Gold at $4,300–$4,500 in H2 2026 Amid Short-Term Weakness

2026-07-03 17:47:11

According to JPMorgan Chase, as reported by Jin10 on July 4, gold prices are expected to face near-term pressure due to weakening demand and renewed sensitivity to real interest rate movements, but the bank forecasts a recovery in the second half of 2026. The investment bank targets an average gold price of approximately $4,300 per ounce in Q3 and around $4,500 per ounce in Q4 2026, maintaining a bullish medium to long-term outlook supported by continued central bank purchases and persistent structural demand.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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