November 16, 2024

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Bank of America Forecasts Gold Reaching $3,000 in the Next 18 Months

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Bank of America Forecasts Gold Reaching ,000 in the Next 18 Months
Bank of America Forecasts Gold Reaching ,000 in the Next 18 MonthsEarlier this week, Bank of America analysts revealed that gold might reach $3,000 in the next 18 months, pushed by central bank demand and a Federal Reserve dovish turn. “Achieving this would require non-commercial demand to pick up from current levels, which in turn needs a Fed rate cut to happen,” Bank of America analysts […]