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BOA Sees Gold Hitting $3,000 By Year End

BOA Sees Gold Hitting $3,000 By Year End

The Last Safe Haven

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VBL
Oct 18, 2024
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BOA Sees Gold Hitting $3,000 By Year End
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Gold is the 'last safe haven' as Treasurys face risks from soaring US debt, Bank of America says

by Kelly Cloonan for Business Insider

  • Traders and central banks should increase exposure to gold, Bank of America says.

  • The strategists say Treasurys face risks as US debt levels soar.

  • The analysts see gold hitting $3,000 an ounce by the end of next year, implyi…

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