Goldman Sachs and Bank of America Reveal Gold Price Target As Geopolitical Uncertainty Scares Markets: Report

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Financial titans Bank of America and Goldman Sachs are reportedly unveiling their gold price targets amid rising geopolitical risks. Bank of America sees gold going up to $4,000 an ounce over the next 12 months, a gain of more than 17% from the current level, reports Reuters. Meanwhile, Goldman Sachs expects the precious metal to surge to $3,700 by the end of this year, lifted by strong demand from central banks. The firm also sees gold soaring to $4,000 by June 2026. Gold is trading at $3,395 a...