Gold Price Soars to Record Highs Above $4,300: Fed Cuts, China Buying & Safe-Haven Frenzy
Gold’s rally and pullback have elicited a range of expert views. JPMorgan’s top commodity strategists say gold is their “highest conviction long,” forecasting an average price around $5,055/oz by Q4 2026 Reuters. Morgan Stanley has likewise raised its 2026 gold forecast (to ~$4,400/oz) and notes that central banks and ETFs are still buying heavily Morganstanley Morganstanley. Goldman Sachs is more modest,…