JPMorgan expects gold prices to hit $6,300 per ounce by the end of 2026 – despite bullion suffering its sharpest one-day drop since 1983 on Friday. Gold futures fell 0.9% Monday, continuing its descent following news that President Trump plans to nominate former Fed governor Kevin Warsh to lead the Federal Reserve – an expected pick that calmed investor nerves.

The price of gold surged to yet another new record this week. Here's everything you need to know right now.

Buying the precious metal has become the antidote for market jitters.

The shocking volatility in metal markets last week hasn't deterred JPMorgan from its bullish call for gold to hit $6,300 this year.

Gold started 2026 at $4,313 per ounce and rose to a record high of $5,598 last week.

Feb 2 (Reuters) - J.P. Morgan expects gold prices to reach $6,300 per ounce by the end of 2026, as demand from central banks and investors continues, it said in a note on Monday. The brokerage now forecasts central-bank gold purchases at 800 tons in 2026,

Financial analysts have made a shocking prediction about the price of gold even as the precious metal made its most drastic decline in 33 years.

Gold and silver prices continued to decline for a third straight session in international and domestic markets on Monday. In the international bullion market, gold prices fell sharply by $215 per ounce to $4,676.

U.S. stocks are drifting in mixed trading on Wednesday, while gold’s price stabilized further and climbed back above $5,000 per ounce. The S&P 500 edged down by 0.1%, coming off its fourth modest drop in the last five days.