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Home Market Research Business

Bank of America hikes gold price forecast for this year and next with $3,500 in sight

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 2 mins read
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Bank of America hikes gold price forecast for this year and next with ,500 in sight
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Mar. 26, 2025 5:55 PM ETSPDR® Gold Shares ETF (GLD), GDXIAU, SLV, SIL, SGOL, SIVR, GDXJ, PHYS, PSLV, NUGT, RING, SILJ, BAR, GLDM, AAAU, XAGUSD:CUR, XAUUSD:CURBy: Carl Surran, SA News Editor

monsitj/iStock via Getty Images

Gold futures edged marginally higher Wednesday as the dollar and U.S. bond yields moved higher, but ongoing concerns over President Trump’s tariffs kept prices above $3,000/oz.

Gold, traditionally seen as a hedge against uncertainty and inflation, has climbed 15% YTD and reached an



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