Gold Shatters Records as JPMorgan Predicts $4,250 Price Target by 2026

Gold just blasted through all-time highs—and Wall Street's biggest player sees another massive surge coming.

JPMorgan's Bold Call

The banking giant projects gold hitting $4,250 within two years, signaling relentless institutional confidence in the precious metal's run. Analysts point to macroeconomic uncertainty and currency devaluation fears driving the flight to safety.

Traditional Finance's Safe Haven?

While gold enjoys its moment, crypto natives can't help but smirk at the old-guard scrambling for physical assets—because nothing says 'modern store of value' like storing metal in underground vaults. Gold's rally proves one thing: even traditionalists get nervous when the system creaks.

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JPMorgan expects the precious metal to finish the year at $3,675, implying upside of 2.7% from current levels. The bank’s forecast for 2026 calls for even more gains.

Faltering Fed Independence Could Boost Gold, Says JPMorgan

JPMorgan expects gold to reach $4,000 by mid-2026 and $4,250 by the end of 2026, especially if the Fed’s independence diminishes.

“We believe any potential weakening of the US Federal Reserve’s independence could have significant implications for long-term gold prices,” wrote JPMorgan analyst Patrick Jones on Wednesday. The Fed’s independence has been put to the test as President TRUMP attempts to fire Fed Governor Lisa Cook for alleged mortgage fraud. Cook responded by filing a lawsuit, arguing that Trump has no legal grounds to remove her from her position.