Bank of America, one of the world’s leading financial institutions, projects a skyrocketing rise in the price of gold, expecting it to hit an astonishing $6000 per ounce by Spring 2026. Investors and gold enthusiasts should brace for a potential hike that might redefine the dynamics of the gold market globally. As we enter a period of heightened market volatility and economic uncertainty, Bank of America’s forecast points to a possible aesthetic shift in asset allocation, favouring gold over traditionally favoured investments. With inflation expected to raise its head over the global economy, gold’s appeal as a hedge against inflation may increase, driving the price upwards. Read More
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