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Gold just stumbled. A JPMorgan strategist says the metal could double in value
Since its biggest one-day drop in over a decade on Tuesday, the debate has surrounded whether gold will regroup and push higher. Goldman Sachs, for one, is sticking to its end-2026 target of $4,900 per ounce, and sees upside risks from central bank as well as institutional investor demand. "The speed of recent ETF inflows and client feedback suggest many long-term capital allocators - including sovereign-wealth funds, central banks, pension funds, and both private wealth and asset managers - are planning to increase their exposure to gold as a strategic portfolio diversifier," said analysts Lina Thomas and Daan ... (full story)
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- Oct 23, 2025 2:39pm Posted byFundamental Analysis332
