J.P. Morgan sees Gold near US$3,000 by late 2025, maintains bullish outlook

J.P. Morgan forecasts gold prices could approach $3,000 per ounce by the fourth quarter of 2025, reinforcing its long-term structural bullish view on the precious metal.

The outlook reflects long-held expectations of persistent demand for gold as a hedge against

• inflation,
• geopolitical uncertainty,
• and potential shifts in global monetary policy.

The investment bank’s bullish stance suggests that gold’s upward trajectory is likely to continue as investors seek safe-haven assets amid economic uncertainties.

With central banks increasing their gold reserves and market conditions favoring strong demand, J.P. Morgan anticipates further gains.

This article was written by Eamonn Sheridan at www.forexlive.com.