Bitcoin.com 2024-10-25 03:30:42

Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price

Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold could hit $3,000 per ounce by 2025, reinforcing its role as a critical hedge against market volatility

N/A