*Walter Bloomberg|Jan 29, 2026 16:42
JPMORGAN SEES GOLD SURGING TOWARD $8,000
Gold could keep rallying as private investors increase allocations from 3% to 4.6% of portfolios, JPMorgan’s Nikolaos Panigirtzoglou says, potentially pushing prices to $8,000–$8,500 an ounce. Gold recently hit $5,600 amid safe-haven demand, central bank buying, and a shift from long-term bonds. While momentum may spark short-term profit-taking, gold shows stronger liquidity and breadth than silver or bitcoin.(*Walter Bloomberg)
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