Gold Forecasts Range from 25% to 50% Upside Over the Next Few Years Gold is up, influenced by macroeconomic uncertainty, including tensions in the Middle East and the Federal Reserve’s stalled inflation measures. Despite this, gold is perceived as the most overvalued since August 2020, according to a Bank of America Fund Manager Survey. Although a net 26% of respondents believe gold has over-appreciated, there is still optimism, with projections suggesting a potential 25% to 50% increase in value over the next few years. However, 78% of fund managers see a global recession as unlikely within the next year, reflecting a more optimistic economic outlook compared to market behavior. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Defy Traditional Market Drivers in Recent Rally, Says Expert READ MORE Economists at Commerzbank Expect the Gold Price To Remain Supported READ MORE BRICS: Scotiabank Says US Dollar To Fall in 2024 READ MORE Crude Oil's Upward Momentum Stalls Amid Signs of Overbought Market READ MORE Cooling Inflation Sparks Treasury Rally, Reshaping Fed Policy Outlook READ MORE Add a Comment Cancel replyYour email address will not be published.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