Earnings360 Newsletter for 12/10/2024

JPMorgan has raised its 2026 gold forecast to $6,300, with a credible path to $8,000, and now calls gold a core holding rather than just a crisis hedge.

Most Western portfolios still hold less than 1 percent in gold, even as the metal has already topped $5,000 and outpaced the S&P 500 in 2026.

Physical gold can be added directly to an existing IRA or 401(k), with no new account, no penalty, and no tax hit.

Gold didn't creep higher—it broke $5,000, a level many analysts thought would hold. Now JPMorgan, the biggest bank on earth, just raised its 2026 gold forecast to $6,300 and laid out a credible path to $8,000 if everyday investors increase their gold allocations even slightly. Most Americans hold less than 1% in gold, and if that number moves even slightly higher, demand collides with limited supply, and prices reprice fast.