- J.P. Morgan expects gold to average $3,675 by year-end and join Goldman Sachs in forecasting a move above $4,000 next year, with $3,286 emerging as a key technical support level
J.P. Morgan now forecasts gold to average $3,675 per ounce by year-end and joins Goldman Sachs in projecting a move beyond $4,000 next year.
Spot gold has gained 29% year-to-date, setting 28 record highs and briefly surpassing $3,500 for the first time yesterday.
According to the bank, the main downside risk remains a sudden decline in central bank demand. Key support has potentially shifted higher, with $3,286 now seen as a potential pivot—aligned with both the 50-day moving average and the 61.8% Fibonacci retracement.
有关这些重大经济事件的确切日期和时间，请导入 BlackBull Markets经济日历以直接在您的电子邮箱中接收提醒。
