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Bank of America calls for $5000 gold and $65 silver in 2026
Despite the risk of some near-term volatility and potential consolidation, gold and silver remain in unstoppable uptrends as Bank of America expects prices to reach $5,000 and $65 an ounce, respectively, next year. The bank forecasts gold prices will average around $4,438 an ounce for the year, with silver averaging $56.25 an ounce. Bank of America was among the first institutions to highlight gold’s path to $4,000, and now that this target has been achieved, the analysts have set their sights higher. “The White House's unorthodox policy framework should remain supportive for gold, given fiscal deficits, rising ... (full story)