JP Morgan expects gold prices to average around $5,055 per ounce by the fourth quarter of 2026, driven by strong investor demand and steady central bank purchases.

Gold prices are hovering near all-time highs as excitement builds over a possible US Federal Reserve rate cut on Wednesday, September 18, News.Az reports.

Gold prices reached an all-time high during Asian trading On Friday, News.Az reports citing Investing .

Gold prices ticked up on Thursday as traders looked ahead to U.S. economic data, which could provide additional clues about a potential interest rate cut by the Federal Reserve next week, News.Az reports.