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BMO says gold’s bull rally is not over, only paused during the Iran war
Investor disappointment continues to grow as gold prices struggle in the face of ongoing chaos in the Middle East; however, despite continued selling pressure, many banks are not changing their long-term forecasts. On Tuesday, the Bank of Montreal published updated commodity price forecasts. Despite the current headwinds, the Canadian bank remains bullish on gold and silver. The commodity analysts warned that gold and silver could continue to trend lower, impacted by shifting economic conditions caused by the U.S. and Israel’s war with Iran, but they said the market's bullish momentum has only paused, not reversed. ... (full story)
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- Mar 24, 2026 1:59pm Posted byFundamental Analysis196
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