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‘Economic uncertainties and geopolitical tensions’ will drive gold to $3,600/oz by 2026 – Wells Fargo
Precious metals will benefit from ongoing geopolitical conflict and persistent economic uncertainty, with gold prices projected to hit fresh all-time highs in 2026, according to the 2025 midyear outlook from Wells Fargo. “We believe that material commodity price corrections have created attractive opportunities to position for an improved economic environment later this year and into 2026,” the analysts wrote in the report. “We expect improved U.S. economic conditions later in 2025 to drive demand growth for commodities, especially areas that are more cyclically sensitive.” Wells Fargo is advising that ... (full story)
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- Jun 10, 2025 11:26pm Posted byFundamental Analysis378
