Gold Price Forecasting
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Risks rising that gold prices fall below $4,000 in Q4 - Bank of America
KITCO· 2026-10-02 02:12
(Kitco News) - Gold prices have managed to hold their ground in the face of surging bond yields and rising interest rate expectations, but one bank expects the current headwinds will eventually prove to be too much for the precious metal. For the last two years, commodity analysts at Bank of America have been some of the most bullish in the marketplace. They were among the first to call for $5,000 an ounce; however, their bullish conviction is waning as rising energy prices continue to fuel inflation fears. ...