AuAltinavcisiPrecious metals news and analysis

Gold

JP Morgan: Gold May Double in Value by 2029 with Minimal Portfolio Adjustments

JP Morgan: Gold May Double in Value by 2029 with Minimal Portfolio Adjustments

According to JP Morgan analysts, gold prices could experience a dramatic 80% increase from current levels of $3,300 to reach $6,000 per ounce by 2029.

This projection is based on a scenario where foreign investors shift a mere 0.5% of their US asset holdings into gold.

The precious metal has already been performing exceptionally well in recent years, with its upward trajectory gaining additional momentum after President Trump implemented his trade war policies.

Eight more from the desk

Other dispatches from the bullion wire.

A brass balance scale on a dark slate surface, with a folded white research document on the left pan and a polished silver bar on the right pan sitting higher, illustrating how the JP Morgan silver forecast was outweighed by structural market forces.SilverJP Morgan Just Flagged a Silver Demand Warning. Silver Rose Anyway. Here Is Why
Perth Mint Gold Scandal: Mint Regains Global ConfidenceCentral banksCentral Banks’ Secret Gold Rush: Why 80 Tons Monthly Signals Dollar Distrust
How Much of Your Portfolio Should Be in Precious Metals?GoldGold Climbs Above $3,280 as Dollar Hits 3-Year Low Ahead of Key Jobs Data
Two fine gold bars resting on a central bank consolidated balance sheet showing gold and foreign currency reserves, photographed on a dark wooden desk with a pen and compass alongside.Central banksWhy Central Banks Sell Gold — And What It Means for Prices
These Gold Charts Keep Me Up at NightFed & yieldsUBS: Tariff-Driven Inflation Could Propel Gold’s Historic Run
Perth Mint Gold Scandal: Mint Regains Global ConfidenceGoldGold’s Record Run: Is a Cooling Period Ahead After 30% Surge?
Gold bars stacked on metal shelving inside an institutional vault, illustrating record physical gold demand in Q1 2026GoldWGC Q1 2026: What Asia Knows That Wall Street Doesn’t
The Silver Investment Opportunity Gold Investors Are MissingSilverSilver Surges to 13-Year High Amid Trade War Fears