2026-01-08 07:33:46

A major economy's recent gold buying spree is indeed impressive—14 consecutive months of active accumulation, which has stubbornly supported the resilience of international gold prices.

Recently, I reviewed research reports on gold from five top-tier investment banks: Goldman Sachs, JPMorgan Chase, Bank of America, UBS, and Morgan Stanley. Honestly, the level of consensus among these institutions is rare in recent years.

Their core judgment can be summarized in one sentence: the current rally in gold is far from over, and the probability suggests it will continue to rise. How are they setting their target prices?

JPMorgan Chase is the most aggressive—aiming for $5,055 per ounce by the end of 2026, and even daring to look at the $5,400 to $6,000 range in the long term. Goldman Sachs follows with a target of $4,900, while Bank of America simply sets the key round figure at $5,000. UBS is somewhat more cautious, projecting a target of $4,500–$5,000 by 2026, with an optimistic outlook also acknowledging $5,400. Even the traditionally conservative Morgan Stanley is not lagging behind, with a target of $4,800.

The main driving factors highlighted by these institutions are threefold: the Federal Reserve's rate cut cycle, ongoing pressure for dollar depreciation, and geopolitical uncertainties. When these factors combine, the appeal of safe-haven assets naturally rises accordingly.

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HashBard

· 14h ago

when five megabanks suddenly agree on something, the narrative arc becomes hard to ignore... gold's playing the ultimate safe haven play rn, and honestly the technical setup feels less like speculation, more like collective risk hedging onstage. the sentiment metrics are almost too aligned—smells like capitulation dressed up as confidence tbh

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SolidityJester

· 01-10 12:59

Five major investment banks all bullish on gold, how outrageous does it have to be for this to happen, what does it mean? This time, are we really about to jump on the bandwagon? With the dollar depreciation and geopolitical risks, gold should rise. Wait, is the target price of 5000 to 6000 real? Feels a bit overly optimistic. By the way, after 14 months of continuous accumulation, does a certain big investor know something we don't? With the five major banks all bullish, why do I find it hard to believe? Isn't this just a trap to lure more buyers? Gold has always been the safe haven ceiling. Given the current global situation, reaching 5000 doesn't seem too surprising. Sounds good, but if it really goes above 4800, I might start to sell off. Federal Reserve rate cuts + geopolitical tensions = gold taking off, the logic checks out. $5055, JPMorgan really has guts. Those betting on this price might end up liquidating their positions.

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liquidation_watcher

· 01-08 08:03

The five major investment banks are all bullish, this momentum is indeed quite intense --- Fed rate cuts + geopolitical turmoil, gold as a safe haven is justified --- Even Morgan Stanley dares to call for 4800, what does that imply... --- Holding up gold prices for 14 months, the logic behind it makes sense --- Over 5000+ is not a dream, it all depends on how the dollar moves --- This wave of consensus is really rare, quite interesting --- Geopolitics is the real catalyst for gold, isn't it? --- JPMorgan's target of 5400-6000 is a bit ambitious, huh --- Rate cut cycle + depreciation pressure, bulls have no reason not to buy --- Five investment banks in agreement, how much consensus does that require

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alpha_leaker

· 01-08 07:59

The five major investment banks are all bullish; this kind of momentum is really rare.

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OffchainOracle

· 01-08 07:52

The five major investment banks are all bullish on gold. This level of consensus is indeed a bit suspicious; be careful of potential tricks.

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consensus_whisperer

· 01-08 07:51

The five major investment banks are united in their bullish outlook on gold. This lineup is a bit intimidating.

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PanicSeller

· 01-08 07:37

All five major investment banks are so optimistic about gold, which indicates that something is indeed about to happen. Can the dollar remain stable with such strong depreciation pressure?

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