Gold Price Prediction: Research Reports Forecast Massive Future Increase, New Targets Set

• Experts predict a significant rise in gold prices, with confidence remaining strong amidst market instability.
• JP Morgan, UBS, and Deutsche Bank set new gold price targets ranging from $6,000 to $7,200 per ounce.
• Gold recently saw extreme volatility, dipping below $5,000 after reaching a record peak of $5,594.82.
• Geopolitical risk reduction and easing US-China tensions contributed to a temporary correction in precious metals.
• Brokerage firms maintain a bullish outlook, citing structural diversification trends and strong investor demand.