Bank of America has outlined a strong bullish case for precious metals, projecting gold will remain a crucial portfolio hedge and average $4,538 per ounce in 2026. Michael Widmer, the bank's Head of Metals Research, also highlighted silver's explosive potential, suggesting historical trends could push its price to between $135 and $309. In a recent report, Widmer emphasized gold's role as both a hedge and a source of alpha, driven by tightening market conditions. This outlook is supported by a detailed analysis of the mining sector and broader investment trends. Gold Forecast Driven by Supply Squeeze and Rising Costs ... (full story)