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Bank of America Revises Gold and Silver Forecasts Amid Precious Metals Rally

Bank of America Revises Gold and Silver Forecasts Amid Precious Metals Rally

Author:

Global Cryptocurrency

Published:

2025-10-14 11:23:01

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Bank of America has significantly upgraded its price targets for Gold and silver, forecasting gold to reach $5,000 and silver to hit $65 by 2026. The revised predictions reflect surging demand for precious metals as investors pivot away from USD-backed assets.

Gold's ascent past $4,000 underscores its status as a safe-haven asset, while silver benefits from both investment demand and industrial applications. The gold-to-silver ratio remains a key metric, with analysts noting potential for further upside despite recent gains.

Market dynamics suggest the precious metals rally has entered uncharted territory. 'We're witnessing a fundamental revaluation of hard assets,' said one analyst, pointing to macroeconomic uncertainties driving the trend.

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