đ Bank of America: Gold Still on Track for $4,000 by 2026
đč Bank of America maintains its $4,000/oz gold target by 2026, but warns short-term pullbacks are possible due to Fed tightening and crowded one-way trades.
đč Analysts note that investment demand has now outpaced even central bank reserves â showing gold isnât just jewelry anymore, itâs a risk hedge and portfolio anchor for big investors.
âïž Takeaway:
The big picture remains bullish long-term đ, but short-term volatility is likely. A softer Fed policy or fresh safe-haven flows may be the trigger for the next leg up.