---
title: "Gold Prices Expected to Stabilize Before Reaching New Highs"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274933813.md"
description: "Gold prices are expected to stabilize before potentially reaching new highs, as analyzed by Rick de los Reyes from T. Rowe Price Group. He noted that the recent price surge was due to a typical 'squeeze' and historically, such volatility is followed by consolidation. Despite risks from overcrowded positions, the demand drivers for gold remain strong."
datetime: "2026-02-05T07:35:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274933813.md)
  - [en](https://longbridge.com/en/news/274933813.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274933813.md)
---

# Gold Prices Expected to Stabilize Before Reaching New Highs

Gold prices may experience a period of consolidation before potentially reaching new highs, according to Rick de los Reyes, head of commodities at T. Rowe Price Group and a fund manager. According to Jin10, Reyes analyzed in an email that the recent surge in gold prices was characterized by a typical 'squeeze,' which pushed prices up in a short time frame. He noted that historically, a spike in actual volatility is often followed by a period of consolidation before the upward trend resumes. While any asset with overcrowded positions can pose risks, Reyes added that the underlying drivers supporting gold demand remain robust.

### Related Stocks

- [RING.US](https://longbridge.com/en/quote/RING.US.md)
- [GDX.US](https://longbridge.com/en/quote/GDX.US.md)
- [159562.CN](https://longbridge.com/en/quote/159562.CN.md)
- [GDXW.US](https://longbridge.com/en/quote/GDXW.US.md)
- [AEM.US](https://longbridge.com/en/quote/AEM.US.md)
- [SGDJ.US](https://longbridge.com/en/quote/SGDJ.US.md)
- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md)
- [GDXJ.US](https://longbridge.com/en/quote/GDXJ.US.md)
- [518850.CN](https://longbridge.com/en/quote/518850.CN.md)
- [600547.CN](https://longbridge.com/en/quote/600547.CN.md)
- [159934.CN](https://longbridge.com/en/quote/159934.CN.md)
- [GLTR.US](https://longbridge.com/en/quote/GLTR.US.md)
- [GOAU.US](https://longbridge.com/en/quote/GOAU.US.md)
- [NUGT.US](https://longbridge.com/en/quote/NUGT.US.md)
- [DBP.US](https://longbridge.com/en/quote/DBP.US.md)
- [GOLD.US](https://longbridge.com/en/quote/GOLD.US.md)
- [GDXY.US](https://longbridge.com/en/quote/GDXY.US.md)
- [JNUG.US](https://longbridge.com/en/quote/JNUG.US.md)
- [SGDM.US](https://longbridge.com/en/quote/SGDM.US.md)
- [600489.CN](https://longbridge.com/en/quote/600489.CN.md)
- [NEM.US](https://longbridge.com/en/quote/NEM.US.md)
- [UGL.US](https://longbridge.com/en/quote/UGL.US.md)
- [IAU.US](https://longbridge.com/en/quote/IAU.US.md)
- [KGC.US](https://longbridge.com/en/quote/KGC.US.md)
- [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md)

## Related News & Research

- [JPMorgan lowers 2026 gold forecast, still sees rally towards $6,000 on renewed demand](https://longbridge.com/en/news/286715908.md)
- [PRECIOUS-Gold drops 2% as rising yields, dollar, sap appeal; inflation woes linger](https://longbridge.com/en/news/286545868.md)
- [J. P. Morgan lowers 2026 gold price forecast](https://longbridge.com/en/news/286714122.md)
- [Assessing Eldorado Gold’s Valuation As Earnings Strength And New Dividend Signal Investor Confidence](https://longbridge.com/en/news/286300692.md)
- [$1000 Invested In SPDR Gold MiniShares Trust 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286819467.md)