13 Oct 2025 | 3 Mins Read
BofA hikes gold target to $5,000, sees silver reaching $65
Flipitmoney
Bank of America raised its 2026 price forecasts for gold to $5,000/ounce and silver to $65/ounce. The average forecast for gold is $4,400. The bank attributes support to the White House's policy framework, including fiscal deficits and rate cuts. Gold currently trades at $4,073.69, a 55% gain this year, while silver is at $49.66, up 5.1% today.