JPMorgan predicts gold could hit $8,000 per ounce - News Summed Up

JPMorgan predicts gold could hit $8,000 per ounce


Business News of Thursday, 29 January 2026Source: www.ghanaweb.comGlobal investment bank JPMorgan has projected that gold prices could rise as high as $8,000 per ounce in the coming years. JPMorgan on Thursday said gold is becoming more important as a hedge against economic uncertainty and inflation, especially as global financial conditions tighten and geopolitical tensions continue. For Ghana, which is one of Africa’s top gold producers, this outlook has major implications. Gold remains Ghana’s top export commodity, accounting for a large portion of the country’s export revenues and higher prices could also strengthen the cedi, improve the balance of payments, and increase government revenues through royalties and taxes. JUST IN: JPMorgan sees Gold at $8,000 — Kalshi (@Kalshi) January 29, 2026MA


Source: GhanaWeb January 29, 2026 18:36 UTC



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