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Gold Price to Hit $5,000 by 2027? Experts Forecast Massive Surge!
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News18•21-09-2026, 12:55
Gold Price to Hit $5,000 by 2027? Experts Forecast Massive Surge!
- •JP Morgan predicts gold prices could reach a new record high of $5,000 per ounce in the international market by mid-2027.
- •Despite a slight dip in September, JP Morgan expects gold prices to regain momentum, driven by several key factors.
- •Factors influencing the long-term rise include a weakening US dollar, continuous gold purchases by central banks, and geopolitical tensions.
- •Experts from JP Morgan estimate gold prices could reach $4,500 per ounce by the end of 2026 before hitting $5,000 by mid-2027.
- •Jefferies' Chris Wood forecasts an even more ambitious target, suggesting gold prices could double to $10,000 per ounce.
Key Questions Answered
According to JP Morgan experts, international gold prices could rise to $5,000 per ounce by mid-2027, driven by long-term and structural support factors.
Experts cite several key factors for the long-term price rise, including a weakening US dollar, continuous gold purchases by central banks, and geopolitical tensions.
According to the World Gold Council (WGC), global gold prices decreased by 3.9 percent in September, while gold prices in the Indian market fell by 4.6 percent.
