Precious metals prices have found their footing after heavy losses.

J.P. Morgan says the gold market will see a shift in its price target.

Gold prices have surged to historic highs in recent years and experts say the momentum is unlikely to slow anytime soon.

Trump’s on-off use of tariffs as a means of political negotiation (this time regarding Greenland) also contributed to a rise and fall in the gold price. And the nomination of Kevin Warsh as the new governor of the US Federal Reserve is expected to lessen economic risk.

The price of gold hit a new all-time high Wednesday morning as the precious metal surged more than 20% this year.

Gold prices hit new heights in early 2026 — and many consumers have rushed to buy and sell pieces of the precious metal.

The shocking volatility in metal markets last week hasn't deterred JPMorgan from its bullish call for gold to hit $6,300 this year.

Wall Street analysts expect the gold rally to continue as investors pile in because of mounting geopolitical uncertainty and economic concerns.