Bank of America Predicts Surge to $3,000 as Central Banks and Investors Rally Bank of America forecasts a significant rise in gold prices, reaching $3,000 per ounce by 2025, driven by robust demand from central banks and investor anticipation of interest rate cuts by the Federal Reserve. The bank’s commodity strategist, Michael Widmer, points out gold’s strong performance despite global central banks’ monetary tightening. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Stress Tests Reveal Hundreds of U.S. Banks at Risk Due to Loans and Rate Hikes READ MORE Bill Gross Urges Federal Reserve to Halt Tightening and Slash Rates to Avert Recession READ MORE China's Economy Struggles Gain Momentum: Inflation and Factory Prices Disappoint READ MORE Lingering Effects from Past Economic Shocks Continue to Drive Inflation in 2024 READ MORE IMF Official: Debt Relief Delays Could Mean 'Disorderly' Defaults READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment