J.P. Morgan issued a research note on Monday, discussing its expectations for gold price movements throughout this year. The American bank anticipated that gold prices could approach $3,000 per ounce by the fourth quarter of 2025, reinforcing its long-term bullish structural view on the precious metal.
J.P. Morgan's outlook reflects the long-term expectations for sustained demand for gold as a hedge against rising inflation and geopolitical uncertainty, along with potential shifts in global monetary policy.
The investment bank's bullish perspective indicates that the upward trajectory of gold prices is likely to continue as investors seek safe assets amid economic uncertainty.
Additionally, J.P. Morgan projected that gold could see stronger gains by the end of the year due to central banks increasing their gold reserves and market conditions favoring strong demand.
