J.P. Morgan expects the price of gold to approach $3000 by the end of 2025

On March 4th, Jinshi data, JPMorgan Chase predicts that by the fourth quarter of 2025, the price of gold may approach $3,000 per ounce, reinforcing its long-term structural bullish view on this precious metal. This prospect reflects the long-standing expectation that gold demand will continue to exist, to hedge against inflation, geopolitical uncertainty, and potential changes in global monetary policy. The bank's bullish stance suggests that as investors seek safe-haven assets in times of economic uncertainty, the upward trajectory of gold may continue. With Central Banks increasing gold reserves and favorable market conditions supporting strong demand, JPMorgan Chase expects the gold price to further pump.