JP Morgan just dropped a striking forecast: gold at $5,055/oz by Q4 2026 — driven by structural demand, not panic buying.
What we’ve already seen
In 2025, gold pushed past $4,000, supported by:
• Trade tensions and geopolitical risk
• Strong gold ETF inflows
• Relentless central bank buying
Why this rally looks different
A new, lasting demand source is emerging:
• Major Chinese insurers starting to allocate to gold
• Crypto-native capital treating gold as a parallel hard asset
• This creates steady, non-speculative demand in a tight supply market
Big picture
Gold is evolving beyond a simple hedge — it’s becoming a core balance-sheet asset. As institutional money and alternative capital converge, price discovery may accelerate faster than expected.
JP Morgan’s message is clear:
This move may not be over — and the next leg higher could surprise many.
Watch liquidity. Watch policy. Watch gold.
#GOLD #BREAKING #WriteToEarnUpgrade #USCryptoStakingTaxReview #USGDPUpdate
