World's largest bank forecasts gold at $6,000 an ounce by year-end

World's largest bank JPMorgan Chase's Global Research analysts estimate that gold prices could reach new record highs by 2026-end, touching around $6,000 per ounce. The forecast comes despite subdued investor interest and a prolonged period of sideways trading. Analysts added that gold could climb even further, potentially touching $6,300 per ounce by the fourth quarter of 2027.