Bank of America Adjusts Gold Price Forecast Amid Shifting Market Dynamics
Gold's meteoric rise in 2025 has hit a temporary pause as US-China trade negotiations breathe new life into the dollar. The precious metal's retreat below $4,000 prompted Bank of America to recalibrate its projections, now anticipating an average high of $3,800 by Q4 2025.
While short-term headwinds persist, institutional analysts maintain long-term bullish sentiment. Bank of America forecasts a potential $5,000 target for 2026, while prominent analyst Rahsad Hajiyev envisions a more aggressive $6,000 trajectory, framing the current pullback as necessary consolidation before the next leg up.