JPMorgan: Gold may continue to maintain strong momentum

Jin10 data reported on September 25, analysts from Morgan Stanley, Weiheng Chen, stated in a research report that gold prices may maintain strong momentum. It is expected that the Fed will further drop interest rates, and gold prices will reach 4050-4150 USD by mid-2026. In a lower interest rate environment, gold typically performs better as lower yields reduce the opportunity cost of holding non-yielding metal. With the recent rebound in gold prices, investors may consider structured products as a better entry point into gold.