JPMORGAN CHASE DL 1

Commented by Nico Popp on December 12th, 2025 | 07:15 CET

US banks declare a golden age: JPMorgan, Goldman Sachs, Kobo Resources and the maximum leverage

• Mining
• Gold
• Commodities
• Banking
• Investments

Wall Street's gold price forecasts for 2026 are unusually clear. Both JPMorgan and Goldman Sachs have raised their price targets significantly and see the precious metal on the verge of a historic breakout. But while the big banks primarily manage their business through volume and hedging, the market offers additional opportunities for speculative investors. Small explorers like Kobo Resources could become particularly interesting precisely because the big institutional players have not yet invested here.