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

October 25, 2024
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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 […]
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