Gold Prices May Hit $3,000 by Late 2025, Says BofA Bank of America analysts predict that gold prices could reach $3,000 per ounce within the next 12-18 months, driven by factors such as increased non-commercial demand, potential Federal Reserve rate cuts, and ongoing central bank purchases. They note that while current market conditions support an average price of $2,200 per ounce, a significant rise in investment demand could push prices higher. Additionally, concerns about the US Treasury market may lead to further diversification into gold by central banks and private investors. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Schroders Investment Insights: The Case for Gold in 2024 READ MORE The Royal Mint’s Growing Interest in Singapore READ MORE Larry Fink Critiques India's Gold Obsession: Little Economic or Investor Benefit READ MORE Bank of Canada Highlights Investment Need to Combat Inflation READ MORE Central Bankers Converge at Jackson Hole Amid Rate Cut Speculation READ MORE Add a Comment Cancel replyYour email address will not be published.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