Gold's soaring so fast it's topped Goldman target set only last week. Now a JPMorgan analyst plots path to $8,500.

Core Viewpoint - A JPMorgan strategist has analyzed the potential impact on gold prices if households were to replace bonds with gold in their balanced investment portfolios [1] Group 1 - The analysis suggests that a significant shift from bonds to gold could lead to increased demand for gold, thereby driving up its prices [1] - The strategist's calculations indicate that this transition could result in a notable percentage increase in gold prices, reflecting the changing dynamics of investment preferences among households [1]