2026-01-09 01:26:07

Recently, I reviewed several major investment bank gold research reports, and an interesting phenomenon caught my eye—these institutions almost unanimously have a bullish outlook on gold.

JPMorgan's stance is the most aggressive, with a long-term target price directly aiming for $5,400-$6,000; Goldman Sachs has set a target of $4,900, and Bank of America has announced $5,000; even the relatively conservative Morgan Stanley sees $4,800, while UBS's expectation ranges between $4,500 and $5,000.

The logic behind this round of price increases is notably different from previous cycles. While low interest rates are certainly a driving factor, the real deep-seated force comes from a shift in global central bank behavior—they are continuously increasing their gold reserves, gradually pushing gold toward becoming the new "reserve king." This reflects a rare trend in decades: the global asset anchor point is shifting.

Of course, fluctuations are inevitable in the process. Federal Reserve policy adjustments and changes in the strength of the US dollar may cause short-term pullbacks, but from the institutional consensus, such corrections are often good opportunities for positioning rather than signals of a reversal.

What do you think is the ceiling for this wave of the market?

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HalfBuddhaMoney

· 01-11 08:11

The central bank is hoarding gold. What is it hinting at to us?

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OfflineValidator

· 01-10 16:03

The central bank is stockpiling gold, and this signal couldn't be more obvious. The Federal Reserve is probably getting anxious too. --- I think the 5000-6000 price range is not unreasonable. The key factor still depends on the dollar's direction, which is the real determinant of gold's ceiling. --- Short-term fluctuations are just buying opportunities. Long-term bullish outlook remains unchanged. --- The devaluation of green paper (fiat currency) and the appreciation of gold are logically consistent. It all depends on how the Federal Reserve plays it. --- This round is different from before; behind it are geopolitical policy changes, not just interest rate issues. --- The ceiling? It depends on the speed of global de-dollarization. I bet above 5500. --- These big banks are hyping up the market; how much they actually hold is worth questioning. --- When the central bank stocks up on gold, those who understand are quietly making money. It's a bit late to realize this now.

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PumpStrategist

· 01-09 01:54

The central bank is buying gold at the bottom, which is a typical macro hedging mindset, and the pattern has taken shape. When the Federal Reserve cuts interest rates, global reserve asset allocation moves accordingly, and the distribution of chips shows that institutions have already been lurking below $5,000. Short-term fluctuations are just risk releases; the real ceiling depends on how far the dollar index can fall — this is the key variable. --- I'm not surprised if JPM calls for $6,000, but the problem is that retail investors often jump in at the last moment. Technical support exists, but beware of overly heated sentiment. --- It's interesting that all major banks are bullish, which in itself is worth caution. Historically, every major consensus has led to pitfalls. --- The central bank's move to increase gold holdings is a decisive play that directly changes the game rules. However, when a correction occurs, stop-losses are still necessary; don’t be paralyzed by long-term logic. --- Asset anchor point displacement sounds nice. But in a price range of $4,500-$6,000, I think it's just giving institutions enough room to cut the leeks. --- Now, should I chase or wait for a correction? Looking at the candlestick chart, the recent trading volume has been somewhat abnormal in the past few days. It’s advisable to observe the resistance levels above.

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0xOverleveraged

· 01-09 01:54

The central bank is hoarding gold, and the signal is too obvious. Traditional finance can't sit still anymore. Ceiling? 6000? I think it depends on when the dollar really crashes...

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ForumMiningMaster

· 01-09 01:54

The central bank is疯狂囤金, this is the biggest signal, more attractive than any research report. Everyone is copying the central bank's moves, this game is not that simple. Can 6000 really be reached? It feels a bit outrageous. The Federal Reserve turns to gold and it takes off, I understand this logic. A short-term correction is a good time to buy, what are you hesitating for? The king of reserves has been replaced, this time is different.

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GateUser-1a2ed0b9

· 01-09 01:37

The central banks' move this time is really ruthless; it feels like gold has upgraded from a financial asset to a political tool.

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