Wall Street Increases Bullish Predictions for Gold Amid Price Surge

Reported 3 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

View details

You may also interested in these wikis

Back to all Wikis