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.