Gold investors are still too bullish.

Gold and silver prices rebounded after suffering a historic selloff, with analysts suggesting that the recent violent correction was more a positioning reset.

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

By Anjana Anil and Kavya Balaraman Feb 2 (Reuters) - Despite a historic pullback in gold and silver prices, triggered by the sharpest two-session sell-off in decades, analysts see the metal's bull run continuing and expect it to notch fresh record highs later this year.

Several major Wall Street firms stood by their bullish price forecasts after gold and silver suffered their worst sell-offs in more than four decades.

Gold and silver saw a sharp drop on Friday after hitting record highs earlier in the week. Gold prices fell by 11%, its sharpest one-day drop since 1983, closing at $4,745 per ounce, while silver fell 31% from the previous day to $141 per ounce.

Gold, Silver Price Today in Chennai, Hyderabad, Bangalore, Mumbai, Delhi Live Updates: Gold and silver prices rebound sharply today as markets react to a US government shutdown, Fed cues and global uncertainty.

Gold deepens losses after seeing its worst day since 1980, but J.P. Morgan Private Bank maintains its price target of $6,500. Global Head of Investment Strategy Grace Peters joins Squawk Box Europe to discuss,

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