BofA hikes gold’s 2026 target to $5,000; sees silver testing $65 but with this caution

Bank of America has boosted its price targets for gold and silver. Gold is now projected to reach $5,000 per ounce by 2026. Silver’s target is set at $65 per ounce. These forecasts are supported by fiscal deficits and a push for lower interest rates. Silver has already seen significant gains this year, crossing the $50 mark.

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