Wall Street Increases Bullish Predictions for Gold Amid Price Surge

Reported 25 days ago

Wall Street analysts continue to raise their bullish forecasts for gold as the precious metal hits new all-time highs, reaching $3,114. Factors such as trade war fears stemming from President Trump's policies and a weakening US dollar are supporting gold prices. Bank of America has revised its gold price target to $3,500, while JPMorgan speculates on the possibility of prices reaching $4,000. Increased demand from central banks and investment trends are driving this bullish sentiment.

Source: YAHOO

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