BofA Analysts Increasingly Optimistic About Gold Prices Reaching $4,000 per Ounce in H2

Published: May 9, 2025 09:13

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Commodity analysts at Bank of America (BofA) are becoming increasingly optimistic about the outlook for gold. In a report released by BofA on Wednesday (May 7), the precious metals team led by Michael Widmer predicted that the likelihood of gold prices reaching US$4,000 per ounce in the second half of the year (H2) is growing. (Caijing)

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