Financial institution of America expects treasured metals to increase their rally into 2026.
- Forecasting gold at $5,000 an oz. and silver at $65 an oz..
Analysts on the financial institution stated the White Home’s unconventional coverage strategy, marked by:
- massive fiscal deficits,
- rising debt,
- and strain to decrease rates of interest
ought to proceed to assist demand for gold. These insurance policies, it stated, are more likely to weaken the U.S. greenback and reinforce demand for laborious belongings as buyers hedge in opposition to inflation and coverage uncertainty.
The bullish name underscores BofA’s view that gold’s multi-year rally is just not but over, even after file highs in 2025, as macro and political situations proceed to favour safe-haven flows.