[JPMorgan Expects Short-Term Fluctuations in Gold, Q4 Average Price to Rise to $4,500/oz] According to a report by Jinse Finance, on July 4, JPMorgan stated that gold will maintain a range-bound trend in the short term before rebounding. The average price is expected to reach $4,300/oz in Q3 2026 and $4,500/oz in Q4 2026. JPMorgan maintains a long-term bullish outlook on gold and predicts that gold prices will further rise in 2027.