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JP Morgan’s $6,300 Gold Target: The Silver Math They Aren't Saying Out Loud On February 2, 2026, JP Morgan released a research note that shifted the entire precious metals landscape. With an official price target of $6,300 for Gold by Q4 2026, the implications for Silver are massive. If historical ratio compression holds, we are no longer looking at a commodity trade—we are looking at a fundamental monetary realignment. In today’s briefing, we move past the headlines to analyze the raw models JP Morgan uses. We break down the 585-tonne quarterly demand forecast and why the $85 Silver base case might actually be the "conservative" floor in a supply-starved market. keywords #GoldPrice #Silver150 #JPMorgan #SilverSqueeze #MacroInvesting #GoldStandard2026 #SilverDeficit #COMEX #AGSilver #FinancialAnalysis DISCLAIMER: The content on the AG Channel is for educational and informational purposes only and does not constitute financial, investment, or legal advice. Precious metals involve significant risk of loss. The price targets discussed are based on institutional models and historical data, which do not guarantee future performance. Always consult with a licensed financial professional before making any investment. We do not sell signals or financial products.