🔥JP MORGAN SLIPS: SEES GOLD AT $9,300 IN A MONETARY RESET 🔥
💥"If existing US gold($XAU ) holdings were to back up all US$ in circulation…~$9,300/oz.” -JP Morgan
GoldFix:
JPM Sees $9300 Gold Peak In Monetary Reset
Repricing the Floor: Long-Term Gold Framework Revised
JPM revises its long-term gold pricing assumptions across the North American mining sector using a five-component framework tied to cost support, allocation shifts, and reserve dynamics.
Scenario analysis interestingly enough seems to bury the lede and suggests gold equilibrium levels between $5,900 and $9,300 per ounce under varying monetary regime outcomes, with implications for institutional positioning and producer valuation.
Repricing the Floor: Long-Term Gold Framework Revised
"If existing US gold holdings were to back up all US$ in circulation…~$9,300/oz.” -JPMorgan
A February 25, 2026 North America Equity Research report introduces a revised long-term pricing framework for gold within the listed North American mining complex.
The update reflects an adjustment to long-duration bullion pricing assumptions, now incorporating a $4,500 per ounce long-term gold price.
The revised framework aligns with broader commodities outlooks for gold prices exceeding $6,300 per ounce by year-end 2026, contingent upon continued macroeconomic and allocation shifts.
#JaneStreet10AMDump #MarketRebound #GOLD #XAU #JPMorgan