{"id":59107,"date":"2026-02-25T11:38:30","date_gmt":"2026-02-25T15:38:30","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/gold-eyes-6000-as-jpmorgan-and-bank-of-america-hike-forecasts-epa-advances-biofuel-quotas\/59107\/"},"modified":"2026-02-25T11:38:30","modified_gmt":"2026-02-25T15:38:30","slug":"gold-eyes-6000-as-jpmorgan-and-bank-of-america-hike-forecasts-epa-advances-biofuel-quotas","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/gold-eyes-6000-as-jpmorgan-and-bank-of-america-hike-forecasts-epa-advances-biofuel-quotas\/59107\/","title":{"rendered":"Gold Eyes $6,000 as JPMorgan and Bank of America Hike Forecasts; EPA Advances Biofuel Quotas"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Bank of America (<a href=\"\/stock\/BAC\">BAC<\/a>) has set an aggressive <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold-price.aspx\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a> target of $6,000\/oz within 12 months, driven by uncertainty surrounding Federal Reserve leadership.<\/strong><\/li>\n<li><strong>JPMorgan Chase &amp; Co. (<a href=\"\/stock\/JPM\">JPM<\/a>) raised its long-term gold price forecast by 15% to $4,500, while maintaining a 2026 year-end target of $6,300.<\/strong><\/li>\n<li><strong>Gold futures climbed 0.6% to $5,208\/oz on Wednesday, supported by a &quot;reserve currency paradigm shift&quot; and increased central bank accumulation.<\/strong><\/li>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/metal\/silver-price.aspx\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">Silver<\/a> is projected to potentially rebound above $100\/oz later this year, despite facing significant near-term volatility and risks.<\/strong><\/li>\n<li><strong>The EPA has officially forwarded delayed 2026 biofuel blending quotas to the White House for final review, ending months of industry speculation.<\/strong><\/li>\n<\/ul>\n<h2>Wall Street Giants Signal &quot;New Era&quot; for Gold<\/h2>\n<p>Major financial institutions are significantly upwardly revising their outlooks for precious metals as global economic shifts accelerate. Bank of America (<a href=\"\/stock\/BAC\">BAC<\/a>) analysts now see a pathway for gold to reach <strong>$6,000\/oz<\/strong> by spring 2027, citing <em>unprecedented uncertainty regarding the future leadership of the Federal Reserve<\/em>. This aggressive forecast comes as gold futures rose <strong>0.6% to $5,208\/oz<\/strong> on Wednesday, continuing a structural bull run that saw the metal surge over <strong>64% in 2025<\/strong>.<\/p>\n<p>JPMorgan Chase &amp; Co. (<a href=\"\/stock\/JPM\">JPM<\/a>) joined the bullish chorus by raising its long-term gold price forecast to <strong>$4,500\/oz<\/strong>. In a note to clients, the bank emphasized that it remains &quot;firmly bullishly convicted&quot; in the metal&#39;s performance through 2026, maintaining a year-end target of <strong>$6,300\/oz<\/strong>. Analysts at <strong>JPM<\/strong> pointed to a <em>fundamental shift in the reserve currency paradigm<\/em>, noting that central banks are increasingly diversifying away from the U.S. dollar in favor of gold and the Chinese renminbi.<\/p>\n<p>The rally is further supported by <em>public announcements of U.S. Treasury divestments<\/em> and sustained safe-haven demand amid geopolitical tensions. While gold continues its ascent, the silver market is experiencing more turbulence; however, Bank of America (<a href=\"\/stock\/BAC\">BAC<\/a>) suggests that once near-term risks subside, silver could rebound to surpass the <strong>$100\/oz<\/strong> milestone.<\/p>\n<h2>EPA Moves on Delayed 2026 Biofuel Mandates<\/h2>\n<p>In the energy sector, the Environmental Protection Agency (EPA) has reached a critical milestone by sending the delayed <strong>2026 biofuel quotas<\/strong> to the White House for review. EPA Assistant Administrator <strong>Aaron Szabo<\/strong> confirmed the move on Wednesday, signaling that the administration is ready to finalize the Renewable Fuel Standard (RFS) blending targets.<\/p>\n<p>The delay in these quotas had created a period of <em>heightened uncertainty for the ethanol and biodiesel industries<\/em>, which rely on these mandates to forecast demand. Renewable fuel advocacy groups, including the <strong>Renewable Fuels Association<\/strong>, have expressed optimism that the new volumes will bolster U.S. energy independence and support the rural economy.<\/p>\n<p>The White House Office of Management and Budget (OMB) will now conduct a final review of the proposal before it is made public. Market participants are closely watching the specific blending volumes, as these figures will dictate the <em>regulatory requirements for refiners<\/em> and influence commodity prices for corn and soybeans throughout the 2026 fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Bank of America (BAC) has set an aggressive gold target of $6,000\/oz within 12 months, driven by uncertainty [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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