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Gold at $4,400: Is it still worth buying after the latest rally?

Gold’s surge to around $4,600 an ounce has left investors weighing the trade-off between further upside and the risk of buying after a sharp rally. JP Morgan Wealth Management expects bullion to reach $4,500 by end-2026 and $5,000 by mid-2027, but says gold should remain a measured part of a diversified portfolio.

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