$XAU JP Morgan sees gold at $5,055 by Q4 2026 as China and the cryptosphere add new demand

Tariff uncertainty and strong demand from ETFs and central banks drove #gold prices to record highs above $4,000 per ounce in 2025, and new demand from Chinese insurance giant and the #crypto community could help the yellow metal break above $5,055 by the end of 2026, according to J.P. Morgan.