摩根大通分析师认为，到2029年，黄金可以飙升至每盎司60000美元。

鉴于黄金的无弹性供应，摩根大通分析师认为，到2029年，贵金属可以达到每盎司6,000美元的价格。

JPMorgan analysts have predicted that gold could hit $6,000 per troy ounce by 2029, and a shift of just 0.5% of U.S. assets held abroad into the precious metal could send prices soaring.

摩根大通分析师预测，到2029年，黄金可能会达到每三盎司6,000美元，而只有0.5％的美国资产在国外投入到贵金属中可能会发出价格上涨。

The bank stated that this price increase could occur if only 0.5% of the U.S.’s foreign assets shift to gold, a relatively small amount over the next four years. This would involve reallocating funds from other assets to purchase 2,500 metric tons of gold, requiring an investment of $273.6 billion during that period.

该银行表示，如果美国外国资产的0.5％转移到黄金，则可能发生这种价格上涨，这在未来四年内相对较小。这将涉及将其他资产的资金重新分配，以购买2500吨黄金，在此期间需要2736亿美元的投资。

JPMorgan analysts’ prediction is not surprising, considering the relatively inelastic supply of gold. They suggest that if only 3% of the total market cap of the metal changes hands, it could produce a price upswing of over 80%.

考虑到黄金的相对无弹性供应，摩根大通分析师的预测并不奇怪。他们建议，如果金属易换的总市值的3％，它可能会产生超过80％以上的价格。

“While hypothetical, this scenario illustrates why we remain structurally bullish on gold and think prices have further to run,” analysts wrote, highlighting the upside potential of the commodity.

分析师写道：“虽然假设，但这种情况说明了为什么我们在黄金上保持结构上看涨，并认为价格进一步运行。”分析师强调了商品的上升潜力。

Even with the recent trade war developments, with the Trump administration reaching a half-truce with China, gold has maintained some of the gains registered in 2025. Prices are still over $3,200 per troy ounce, signaling that there is still demand to support this key level.

即使最近发生了贸易战事态发展，特朗普政府与中国进行了半倒流，黄金在2025年保持了一些登记的收益。价格仍超过每克洛伊盎司3,200美元，这表明仍然需要支持这一关键水平。

JPMorgan’s predictions align with what others are saying about gold.

摩根大通的预测与其他人对黄金的评价相吻合。

For instance, Frank Holmes, chief executive and chief investment officer of U.S. Global Investors in San Antonio, believes that gold might hit $6,000 during Trump’s second term, considering the large surge in the global money supply.

例如，美国全球投资者在圣安东尼奥（San Antonio）的首席执行官兼首席投资官弗兰克·霍尔姆斯（Frank Holmes）认为，考虑到全球货币供应的巨大激增，黄金可能在特朗普的第二任期内达到6,000美元。

In this same scenario, bitcoin could reach prices of $150K and even hit $250K, with a supply shock kicking in due to the scarcity of what investors are calling “digital gold.”

在同样的情况下，比特币的价格可能达到15万美元，甚至达到25万美元，由于投资者所谓的“数字黄金”的稀缺性，供应震动引起了巨大的冲击。