Gold Prices Could Reach $4,000 Amid U.S. Deficit and Global Tensions, Experts Say

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Source: Fortune
Gold Prices Could Reach $4,000 Amid U.S. Deficit and Global Tensions, Experts Say
Photo: Fortune
TL;DR Summary

Bank of America analysts predict gold prices could reach $4,000 per ounce within a year, driven more by US fiscal concerns and market volatility than the Israel-Iran conflict, amid rising US deficits, central bank gold purchases, and a weakening dollar.

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