Copyright Bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Gold’s scorching rally is likely to take prices above the $5,000 an ounce mark next year, driven mainly by buying from central banks in emerging-market economies, according to J.P. Morgan Private Bank. Prices could reach $5,200 to $5,300 by the end of 2026, Alex Wolf, the firm’s global head of macro and fixed income strategy, said in an interview. That would be more than 25% higher than where the metal is currently trading.
