Odaily reports that analyst Karishma Vanjani says Wall Street is experiencing a gold rush, but investors should be cautious. JPMorgan and Goldman Sachs recommend continuing to hold gold, Barclays Bank has just raised its forecast for gold prices, and BlackRock has been advising to buy gold to diversify investment portfolios for several months. So far, these recommendations have been correct. But this is not without risk. First, considering that it has been in a bull market since September 2022, gold can be said to be overvalued. This increases the possibility that the gold price has largely reflected the potential of this period, and therefore a pullback is easy to occur. These gains may attract early investors to sell to lock in profits. Secondly, gold may also struggle if the US government's efforts to reform the federal government are proven successful. Furthermore, economic growth is negatively correlated with gold. When the economy is prosperous, investors tend to favor riskier assets such as stocks rather than the less attractive gold.