JPMorgan Predicts Gold Price Surge: $6,300/Ounce by 2026, India to Hit Rs 2 Lakh/10g

• JPMorgan forecasts gold prices to reach $6,300 per ounce by the end of 2026, up from current $5,200.
• Economic uncertainty and geopolitical tensions are driving investors towards gold as a safe-haven asset.
• Central banks, including China, Russia, and India's RBI, are significantly increasing their gold reserves, contributing to market shortages.
• The report suggests that 10 grams of gold in India could reach approximately Rs 2 lakh, making even 1 gram costly.
• Factors like dollar value changes and US interest rate cuts, combined with gold's reliability over stock markets, fuel the upward trend.