JPMorgan says a rebound could send $XAUT (+1,18%) north of $8,000 per ounce, a level that would’ve sounded absurd not long ago. But in a world of sticky inflation, shifting rate cycles, and capital searching for certainty, the old safe haven is starting to feel… current again.
This isn’t just about price targets. It’s about trust. When volatility spreads and conviction thins, money gravitates toward assets with history, liquidity, and global acceptance. Gold doesn’t need a narrative it is the narrative when cycles turn.
If $8,000 is on the table, the real question isn’t whether gold can get there
it’s what kind of market environment makes that move inevitable?
