BofA: Gold as Alpha, Silver as Torque, 2026 Metals Framework

Bank of America’s 2026 Metals Framework

A Portfolio Anchor Heading Into 2026

Bank of America’s 2026 outlook places gold at the center of portfolio construction, framing the metal as both a hedge and a primary performance driver. The bank’s analysis argues that gold’s current rally remains structurally supported rather than momentum-driven, with investment…