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JP Morgan's Bold Gold Price Forecast: $6300 Per Ounce by End of 2026
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JPMorgan Predicts Gold Price Surge: $6,300/Ounce by 2026, India to Hit Rs 2 Lakh/10g
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News18
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25-02-2026, 15:27
JPMorgan Predicts Gold Price Surge: $6,300/Ounce by 2026, India to Hit Rs 2 Lakh/10g
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JPMorgan forecasts gold prices to reach $6,300 per ounce by the end of 2026, up from current $5,200.
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Economic uncertainty and geopolitical tensions are driving investors towards gold as a safe-haven asset.
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Central banks, including China, Russia, and India's RBI, are significantly increasing their gold reserves, contributing to market shortages.
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The report suggests that 10 grams of gold in India could reach approximately Rs 2 lakh, making even 1 gram costly.
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Factors like dollar value changes and US interest rate cuts, combined with gold's reliability over stock markets, fuel the upward trend.
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