fbpx

Matches Exceptional Investors with
Exceptional Investments

brand logo
Menu

Blog

BusinessInsider: Gold Prices Set To Climb To $3,000 On Fed Rate Cuts, Geopolitical Tensions, Bank of America Says

BusinessInsider: Gold Prices Set To Climb To $3,000 On Fed Rate Cuts, Geopolitical Tensions, Bank of America Says

By: Christine von Liederbach
June 28, 2024
Share With

Article by BusinessInsider

Gold prices could skyrocket to $3,000 per ounce within the next 12 to 18 months, according to Bank of America’s latest analysis.

Michael Widmer, a commodity strategist at the bank, suggests that a combination of factors — increasing investment demand, geopolitical tensions, Federal Reserve rate cuts and central bank purchases — could boost the yellow metal’s appeal among investors.

To continue reading the full article, click here on BusinessInsider

 

To speak with one of our Precious Metal Specialists CALL TODAY: 310-906-2874


Share With
Although the information in this commentary has been obtained from sources believed to be reliable, The Gold IRA Company does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice. The Gold IRA Company will not be liable for any errors or omissions in this information nor for the availability of this information. All content provided on this blog is for informational purposes only and should not be used to make buy or sell decisions for any type of precious metals.

    REQUEST FREE GOLD GUIDE

    Complete The Form (Valid name, phone number, and email required)

    Your privacy is important to us. We'll never share your information.